American Lithium Corp. (LI.V)
| Previous close | 0.8200 |
| Open | 0.8000 |
| Bid | 0.7800 x 0 |
| Ask | 0.8200 x 0 |
| Day's range | 0.7900 - 0.8000 |
| 52-week range | 0.6400 - 2.8500 |
| Volume | |
| Avg. volume | 177,803 |
| Market cap | 171.872M |
| Beta (5Y monthly) | 2.35 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters
American Lithium sees Peru project value triple to $5 billion
Canadian miner American Lithium said on Wednesday that the estimated value of its Falchani lithium project in Peru had tripled from the previous forecast to $5.11 billion and that it would have a potential operating life of 32 years. Shares in American Lithium were up more than 5% mid-morning after the company raised the after-tax value of the Falchani project from the $1.5 billion estimated in 2019 on the current price of high-purity lithium carbonate. The project, located in southern Peru near the border with Bolivia, is awaiting government approval of an early environmental permit study, which could fast track construction permits.
- Insider Monkey
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- Reuters
American Lithium says Peru lithium project could be fast-tracked
Canada's American Lithium Corp on Tuesday said it submitted an early environmental permit study for its Falchani lithium project in southern Peru and expects approval in coming months, which could help fast-track construction permits. American Lithium said its semi-detailed environmental impact assessment already allows for the drilling of up to 420 platforms across the project. CEO Simon Clarke said the process had started in July last year under the previous government in what he described as "a difficult time for permitting in Peru."
