American Lithium Minerals (OTCMKTS:AMLM) Trading 34.6% Higher – What’s Next?

American Lithium Minerals Inc. (OTCMKTS:AMLM)’s share price traded up 34.6% on Thursday . The company traded as high as $0.2653 and last traded at $0.2289. 1,771,755 shares were traded during trading, an increase of 766% from the average session volume of 204,665 shares. The stock had previously closed at $0.17.

American Lithium Minerals Stock Down 15.9%

The business’s fifty day simple moving average is $0.09 and its two-hundred day simple moving average is $0.06.

American Lithium Minerals Company Profile

American Lithium Minerals Inc is a mineral exploration company focused on the discovery and development of lithium brine resources. The company is in the early stages of advancing high-potential lithium projects that support the growing demand for lithium hydroxide and carbonate, key components in the manufacturing of electric vehicle batteries and energy storage systems. American Lithium Minerals is publicly traded on the OTC Markets under the ticker symbol AMLM.

The company’s flagship asset is the Sal de la Puna Lithium Brine Project, located in Argentina’s prolific “Lithium Triangle.” This project encompasses a series of exploration concessions in the Jujuy Province, where initial drilling programs have been completed to test for lithium concentrations in subsurface brines.