American Lithium Minerals, Inc. (OTCMKTS:AMLM) Sees Large Increase in Short Interest

American Lithium Minerals, Inc. (OTCMKTS:AMLM) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 18,000 shares, a growth of 130.8% from the October 15th total of 7,800 shares. Based on an average daily trading volume, of 118,400 shares, the short-interest ratio is presently 0.2 days.

American Lithium Minerals Price Performance

Shares of AMLM opened at $0.04 on Friday. The business’s 50 day moving average is $0.03 and its 200 day moving average is $0.03. American Lithium Minerals has a 12-month low of $0.01 and a 12-month high of $0.06.

About American Lithium Minerals

American Lithium Minerals, Inc, engages in mineral exploration for lithium and rare earth minerals in the United States. The company's properties include Stonewall Flat Lithium project that covers an area of approximately 1,250 acres on Stonewall Playa in Nevada's Lida Valley Basin; and Kingman Rare Earth project comprising two individual properties, which include Kingman Feldspar Mine and the Mineral X property.