Atlantic Lithium (LON:ALL) Stock Price Down 9.9% – Should You Sell?

Atlantic Lithium Limited (LON:ALL) traded down 9.9% during trading on Tuesday . The company traded as low as GBX 17.30 ($0.23) and last traded at GBX 17.57 ($0.23). 1,068,928 shares changed hands during trading, an increase of 3% from the average session volume of 1,033,959 shares. The stock had previously closed at GBX 19.50 ($0.25).

Atlantic Lithium Stock Performance

The business’s fifty day moving average is GBX 13.93 and its two-hundred day moving average is GBX 18.28. The stock has a market capitalization of £103.95 million, a PE ratio of -15.40 and a beta of -0.08. The company has a quick ratio of 6.08, a current ratio of 3.58 and a debt-to-equity ratio of 1.72.

About Atlantic Lithium

Atlantic Lithium Limited engages in the exploration and development of mineral properties in West Africa. It primarily explores for lithium deposits. The company's flagship project is the Ewoyaa lithium project located in Ghana. It holds interest in a lithium property covering an area of 774 square kilometers in Côte d'Ivoire.