American Lithium Q1 FY27 net loss widens to CAD 4.07 million; swings to loss from profit
Reuters2026/07/29 23:08By:Reuters
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- American Lithium posted a net loss of CAD 4.07 million, swinging from net income of CAD 2.44 million a year earlier.
- Loss per share was CAD 0.02, turning from earnings per share of CAD 0.01 in the prior-year quarter.
- Operating expenses climbed to CAD 2.59 million from CAD 531,798, led by CAD 939,876 in share-based compensation.
- Cash and cash equivalents fell to CAD 5.58 million from CAD 7.57 million at Feb. 28, 2026.
- Marketable securities totaled CAD 985,250, while the short-term investment dropped to CAD 31,697 from CAD 2.73 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Lithium Corp. published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.
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