Shares of Advantage Lithium Corp (CVE:AAL) reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.39 and last traded at C$0.40, with a volume of 52214 shares traded. The stock had previously closed at C$0.39.
Separately, Eight Capital lifted their target price on shares of Advantage Lithium from C$1.90 to C$2.60 in a research note on Monday, March 11th.
The stock has a market capitalization of $61.19 million and a PE ratio of -10.26. The stock has a 50 day moving average of C$0.43.
Advantage Lithium Corp. engages in the acquisition, exploration, and development of lithium properties. The company owns a 75% interest in its flagship asset, Cauchari project located in the northern provinces of Jujuy, Salta, and Catamarca in Argentina. It also has acquired a 100% interest in four projects in Argentina.
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