Standard Lithium (CVE:SLI) Price Target Cut to C$9.00 by Analysts at Stifel Nicolaus

Standard Lithium (CVE:SLI) had its target price decreased by Stifel Nicolaus from C$13.00 to C$9.00 in a report issued on Monday morning, FlyOnTheWall reports.

Standard Lithium Stock Performance

SLI stock opened at C$4.36 on Monday. Standard Lithium has a 1-year low of C$3.85 and a 1-year high of C$7.56. The company has a current ratio of 14.28, a quick ratio of 25.41 and a debt-to-equity ratio of 0.66. The stock has a 50-day moving average price of C$5.42 and a 200-day moving average price of C$5.26. The firm has a market cap of C$752.32 million, a PE ratio of -33.54 and a beta of 2.26.

Standard Lithium Company Profile

Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. Its flagship project is the Lanxess project with approximately 150,000 acres of brine leases located in southern Arkansas. The company was formerly known as Patriot Petroleum Corp. and changed its name to Standard Lithium Ltd.