Liquidity Report: AmeriLithium
May 21, 2010 (FinancialWire) (Investrend Information Syndicate) (Investrend Research Syndicate) — AmeriLithium Corporation (OTCBB: AMEL) (Approx. Market Cap: US$ 52.35 Million) stock closed at $ 0.95 yesterday on volume of 2,113,400 shares. 49 trading sessions ago (Mar. 12) AMEL stock closed at $0.95 on volume of 27,600 shares. AMEL’s 49-day average adjusted close is $1.38.
In terms of liquidity, AMEL’s 49-day average daily trading volume is 841,047 shares, with days ranging from 23,100 shares traded (on Mar. 19) to 3,317,100 shares traded (on Apr. 26) over the last 49 trading sessions.
AMEL stock’s 49-day average opening price is $1.40. Its highest 49-day opening price was $1.84 (on Apr. 28), and its lowest 49-day opening price was $0.90 (on Mar. 12).
Intra-day trading over the last 49 sessions peaked at $3.00 (on Mar. 16), with a 49-day average intra-day high of $1.49.
Intra-day trading over the last 49 sessions bottomed at $0.90 (on May. 20), with a 49-day average intra-day low of $1.30.
Yahoo! Finance notes AMEL’s 1-year stock price target estimate at $3.63. Business Week notes AMEL stock’s 52-week high as $3.00 on March 16, 2010, and its 52-week low as $0.85 on today, May 21, 2010.
AmeriLithium Corporation (http://www.amerilithium.com/) engages in the exploration, development, and production of lithium properties in North America. It owns 100% interest in the Paymaster project, a 5,880 acre claim block located in Esmeralda County, Nevada; and the Americana property covering an area of approximately 664,049 acres situated in Alberta, Canada. AmeriLithium Corp. was formerly known as Kodiak International, Inc. and changed its name to AmeriLithium Corp. on March 9, 2010. The company was founded in 2004 and is based in Douglas County, Nevada.
Zurich-based SISM Research initiated independent analyst coverage on AmeriLithium in a report dated May, 17, 2010. The full report is available for immediate download via the Investrend Research Syndicate (at http://www.investrend.com/amel-initial). SISM Research is a standards-based affiliate-provider of the Investrend Research Syndicate. Write to sism@investrend.com for more information and/or a preferred introduction to SISM.
AmeriLithium company filings are accessible via the SEC website (at http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001448763).
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