American Battery Metals (ABML) Stock Continues to See Sell-Off: Now What?

Over the course of the past week, the lithium ion battery recycling technology company American Battery Metals Corporation (OTCMKTS:ABML) saw its stock go on a bit of a downward spiral.

During that period, the stock decline by as much as 15% and in this situation, it is perhaps time for investors to figure out if the dip might be the time to perhaps get into the American Battery Metals Corporation stock. Yesterday, the company announced that two of its top executives will be participating at the Alliance Global Partners’ Virtual Metals & Mining Conference that is going to be held on July 13, 2021.

The Chief Executive Officer of the company, Doug Cole and the Chine Financial Officer, David Corsaut, are going to represent the company at the event. The American Battery Metals Corporation management is also going to be in a one on one meeting at the event and it is likely that investors as well as analysts are going to watch the proceedings closely. Last week, the company had announced that it completed the acquisition of the 13.8-acre parcel of land that is located at the Tahoe Reno Industrial Park, the biggest industrial park in the planet at the moment.

Market Reaction:

On Wednesday, ABML stock ended flat at $1.76 with more than 4.28 million shares, compared to its average volume of 3.96 million shares. The stock had moved within a range of $1.6000 – 1.7700 after opening the trade at $1.76. Over the past 52-week, the stock has been trading within a range of $0.0800 – 4.9000.

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