American Lithium Corp. reported earnings results for the first quarter ended May 31, 2024. For the first quarter, the company reported net loss was CAD 7.19 million compared to CAD 11.13 million a year ago.

Basic loss per share from continuing operations was CAD 0.03 compared to CAD 0.05 a year ago. Diluted loss per share from continuing operations was CAD 0.03 compared to CAD 0.05 a year ago.