Roth MKM lowered the firm’s price target on American Lithium to $5.50 from $7.25 and keeps a Buy rating on the shares. American Lithium on Wednesday announced the results of an updated PEA for the Falchani project in Peru demonstrating that the project is still robust economically, the analyst tells investors in a research note.
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Read More on AMLI:
- American Lithium announces results from updated PEA for Falchani project
- Updated PEA for Falchani Highlights Robust Economics After-tax NPV8% Triples to US$5.11 Billion, IRR 32.0% and Low Opex $5,093/t LCE
- American Lithium says INGEMMET, MINEM file petitions to Supreme Court of Peru
- Following Unanimous Ruling from Superior Court of Peru Confirming Company’s Title to 32 Disputed Concessions, INGEMMET and MINEM Petition the Supreme Court in a Final Attempt to Reverse the Ruling
- American Lithium files technical report on updated MRE for Falchani
