Short Interest in American Lithium Minerals Inc. (OTCMKTS:AMLM) Rises By 23,026.1%

American Lithium Minerals Inc. (OTCMKTS:AMLM) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 5,319 shares, an increase of 23,026.1% from the May 31st total of 23 shares. Based on an average daily volume of 116,481 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

American Lithium Minerals Stock Up 11.0%

Shares of AMLM stock traded up $0.01 during mid-day trading on Thursday, reaching $0.07. 40,176 shares of the company were exchanged, compared to its average volume of 160,951. American Lithium Minerals has a fifty-two week low of $0.03 and a fifty-two week high of $0.27. The business’s 50 day simple moving average is $0.08 and its 200 day simple moving average is $0.10.

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.