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How to Buy American Lithium Stock

American Lithium Corp

American Lithium Corp. , an exploration stage company, engages in the identification, acquisition, exploration, and development of resource properties in the United States.

American Lithium stock last closed at $0.81, up 7.71% from the previous day, and has decreased 62.33% in one year. It has underperformed other stocks in the Other Industrial Metals & Mining industry by 0.42 percentage points. American Lithium stock is currently +74.19% from its 52-week low of $0.47, and -65.16% from its 52-week high of $2.33.

There are currently 214.66M AMLI shares outstanding. The market cap of AMLI is $173.87M. In the last 24 hours, 552,982 AMLI shares were traded.

How to Buy American Lithium Stock

Not sure how to invest in American Lithium stock? Here's how.
  1. Decide where to buy American Lithium stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy American Lithium stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Pick your method of payment and add your details.
  4. Research American Lithium stock: The American Lithium ticker symbol is AMLI. Is American Lithium stock a good investment? Should you buy shares of AMLI? How do AMLI's underlying business fundamentals look? Do top analysts think American Lithium is a good buy? Why has AMLI's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if AMLI is a good stock to buy).
  5. Make your AMLI purchase: Decide if you will purchase AMLI shares at the current market price or use a limit order to buy AMLI shares at a given price.
  6. Track your AMLI investment: Create a watchlist to keep track of your position in American Lithium shares.

Step 1: Decide where to buy American Lithium stock

You need a brokerage account in order to access the NASDAQ market and buy AMLI shares.

A brokerage account is an investment account that allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected your brokerage, you'll need to fill out some personal info so you are able to invest in AMLI today.

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  2. Enter your personal details to create a new trading account.
  1. Submit your application by clicking the "Create Account" button.
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Step 3: Fund your investment account

Now that you have finished signing up on one of the most highly reviewed stock apps, you can securely and quickly fund your account:

Watch the walkthrough below for more details depositing funds into your new brokerage account.

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Step 4: Research American Lithium stock

Once you have selected the best place to buy American Lithium stock, it's very important to analyze their stock prior to buying, so you actually understand the risk and upside.

American Lithium quick stats

AMLI Price
$0.81
1w %
21.08%
1y %
-62.33%
5y %
N/A
P/E
-4.05x
P/B
1.01x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$43.08M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$173.87M
Next Earnings
May 27, 2024
Next Dividend
N/A

AMLI Fundamentals

WallStreetZen was created to help part-time investors perform better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on AMLI's stock page.

Is AMLI stock undervalued or overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge AMLI's fair value.

Using relative valuations measures:

  • AMLI could be undervalued based on its P/B ratio of 1.01x, relative to Other Industrial Metals & Mining industry P/B ratio of 2.34x

You can access additional valuation analysis on AMLI's stock here.

AMLI Financial Health Summary

Pros:

  • There are more short-term assets than long-term liabilities on the AMLI balance sheet.
  • There are more short-term assets than short-term liabilities on the AMLI balance sheet.
  • AMLI has a low debt to equity ratio of 0.03.

Cons:

  • AMLI has cash burn of 26519795. It does not have sufficient cash and short-term investments to cover this.
  • AMLI has $21.26M in cash and short term investments. This is not sufficient to cover its annual cash burn of $26.52M.

AMLI Trading Indicators

SMA10
0.68
SMA20
0.64
SMA50
0.66
SMA100
0.78
SMA200
1.03
MACD
0.03
MACD Signal
0
MACD Histogram
0.02
RSI
70.67
Stochastic %K
89.48
Stochastic %D
87
StochRSI %K
100
StochRSI %D
94.7

What are AMLI executives and large shareholders up to?

In the past year, executives and large shareholders at AMLI have not bought or sold any shares.

Research more about who owns AMLI stock here.

Does AMLI provide a stable income stream?

No, American Lithium doesn't provide an income stream by paying out dividends.

AMLI Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Make your AMLI purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a particular dollar amount limit, use a limit order.

Press the Open Trade button and eToro will execute your order.

If you want additional info about investing in stocks on eToro, click the helpful video below:

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Step 6: Track your AMLI investment

Now that you own some AMLI shares, you'll want to keep up with your new stock purchase.

Add AMLI to a watchlist to get notified of important updates regarding your AMLI stock.

AMLI Feed

How to Buy Stock in American Lithium

To reiterate, here are the 6 steps you need to take to buy American Lithium stock right now:

  1. Decide where to buy American Lithium stock
  2. Sign up for your brokerage account
  3. Fund your investment account
  4. Research American Lithium stock
  5. Make your AMLI purchase
  6. Track your AMLI investment

If you need a place to buy stocks, eToro is our recommended option.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your investment in American Lithium, create your watchlist below.

NASDAQ: AMLI
$0.81+0.06 (+7.71%)
Updated May 20, 2024
Open eToro Account
NASDAQ: AMLI
$0.81+0.06 (+7.71%)
Updated May 20, 2024
Open eToro Account

FAQ

How much does it cost to buy one American Lithium share?

As of May 20, 2024, it costs $0.81 to buy one share of American Lithium stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.41, you can buy 0.5 shares of AMLI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy American Lithium stock?

One way to place an order for American Lithium stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.