The Globe and Mail reports in its Wednesday, April 3, edition that Eight Capital analyst Puneet Singh thinks lithium prices finally appear to be "bouncing off a bottom after a lengthy slide." The Globe's David Leeder writes in the Eye On Equities column that Mr. Singh, in a research report released Tuesday titled Lithium: It's Always Darkest Before the Dawn, acknowledged investor sentiment and headlines "seem to only be negative," however, he emphasized electric vehicle sales remain robust "regardless of the narrative." With his expectation of supply cuts shifting the market back into a deficit as early as the second quarter of this year, Mr. Singh recalibrated his valuation multiple for American Lithium, which he rates "buy." His share target fell by a loonie to $4. Analysts on average target the shares at $6.39. He says he sees "deep value" in American Lithium. The Globe reported on Jan. 31, 2023, that Echelon analyst Gabriel Gonzalez rated American Lithium "speculative buy." It was then worth $4.78. The Globe's guest columnist Brian Donovan recommended buying American Lithium in the Number Cruncher column on March 21, 2023. American Lithium shares could then be had for $3.37.