American Lithium Corp (Stock Symbols – TSXV: LI, OTC: LIACF, XFRA: 5LA1) is an exploration stage company, engaging in the identification, acquisition, exploration, and development of resource properties in the United States and Peru. The company primarily explores for lithium, vanadium, and uranium.
It primarily focuses on the Tonopah Claystone Claims Property covering an area of approximately 4,000 acres located in the town of Tonopah, Nevada. The company recently acquired Plateau Energy Metals, and is advancing the large-scale Falchani hard rock lithium deposit, as well as one of Latin America’s most prolific uranium deposits, known as Macusani located in southeastern Peru.
The company wholly owns the TLC claystones lithium deposit in America, which is in very close proximity to the Tesla giga-factory in Nevada.
With a near-term focus on these mining-friendly jurisdictions, the company has the advantage of both geographic and geological diversity for developing these world-class, scalable projects.
The company’s focus on strategic metals which have been designated as “critical minerals” by the US government and by other “friendly” Latin American nations, such as Peru is of significance.
The company’s Falchani Lithium Project and Macusani Uranium Project are located in the Puno province of southeastern Peru.
The company has a 100% interest and also holds a total of 151 mining concessions covering approximately 930 square kilometers on the Macusani Plateau in Peru.
Notably, the company controls all defined uranium resources in the country.
The company’s Macusani Uranium Project notes a net present value of $603 million with an internal rate of return (IRR) of 40.6% and 1.8 year payback.
The company notes in their Preliminary Economic Assessment (PEA) a resource of 70 million pounds of uranium with an average life of mine production profile of approximately 6 million pounds per year over the anticipated 10 year mine life.
The study demonstrated a low life of mine cash cost of $17 per pound and an all in sustaining cash cost (AISC) of $18 per pound.
Macusani has a measured and indicated 52.9 million pounds with another 72.1 million pounds in the inferred category.
In addition to the company’s uranium assets, the Falchani Lithium Project has completed a preliminary economic analysis (PEA) which denotes a net present value (NPV) for this project at $1.5 billion USD, and has an 19.7% internal rate of return (IRR).
The payback period for this project is 4.7 years and it has a life of mine after tax cash flow of $8.9 billion USD.
The anticipated mine life for this project is 33 years.
The company was formerly known as Menika Mining Ltd. and changed its name to American Lithium Corp. in April 2016.
American Lithium Corp. was incorporated in 1974 and is headquartered in Vancouver, Canada.
Contact:
American Lithium Corp.
710-1030 W Georgia Street, Vancouver, BC, V6E 2Y3
Email: [email protected]
American Lithium Corp Stock Performance & Market Cap
Stock Symbols – TSXV: LI, OTC: LIACF, XFRA: 5LA1
The financial, as well as the technical charting and analysis tools below, will help you to view and analyze key data including:
- Trading Volume Data (52 week range)
- Market Cap Data
- Dividend Current
- Dividend Historic
- Dividend Yield
- Ex Dividend Date
- Sales Data
- Revenue Data
- Investment News
- Recent News
- Shares Price to Earnings Ratio
- P E Ratio
- Basic Earnings Per Shares
- Total Number of Shares (Stocks) Outstanding
- Average Days Trading Volume (52 week range)
- EPS (Earnings Per Share)
- Technical Indicators
- Accumulation / Distribution
- Stochastic
- Historical Data
- Income Statement
- Balance Sheet
- Cash Flow
- Stock Performance – 1 Week, 1 Month, 3 Mo, 6 Mo, YTD, 1 Year
- Technical Buy / Sell Tool
- Stock Data (Near real time price)
- Market Cap
- Short Interest
- More media, news, stock quotes, expected dividends and partners
- CEO and Leadership
- 52 Week Low – Stocks Price
- 52 Week High – Stocks Price
- Day Range – Stocks Price
- P/E Ratio
- Current Price Per Ordanary Shares (market delayed / not real time)
- Last Sale
- Price to Earnings Ratio
- Aroon
- CRSI
- DMI
- MACD
- OBV
- Historical Stock / Volume / Market / Price / Dividend Data
- Short Interest
- Chief Executive Officer
- And a motley fool more!
- Interactive chart and market data powered by TradingView
While considering this individual company, also take a look at these other uranium stocks to include in your portfolio.
The American Lithium group is full of discussions, presentations, and company announcements. If you’re looking to be engaged, this is the place for it!
Discuss the company in more detail and dive deeper into organized conversations in the American Lithium forum.
Previous Uranium Stock -> ALX Resources
Next Uranium Stock -> Anfield Energy
You might also be interested in these stocks:
Anson Resources | Aurora Energy Metals | Azincourt Energy | Belmont Resources | enCore Energy | Plateau Energy Metals | Uranium Stock Investing Discussion Boards
American Lithium Stock Price
American Lithium Financials
American Lithium News
Join our free social and stocks community where you can find over 115+ uranium stocks.
Share breaking news, presentations, and discussions with other uranium stocks investors today!
If you feel this free site has provided you value, please consider a donation to a young woman named Kaylee G, who has aspirations of achieving the dream of higher education.
To donate, please visit uGift and use code 37J-533 to contribute to this young woman’s college fund.
Don’t forget to bookmark our site – stock prices and news feeds update continuously. We regularly post news and updated corporate presentations for you to quickly access on our apps. Please share with anyone you feel could benefit from learning about and investing in uranium stocks.