Standard Lithium (OTCMKTS:SLI) Stock Price Up 3.8%

Shares of Standard Lithium Ltd. (OTCMKTS:SLI) traded up 3.8% during trading on Monday . The stock traded as high as $1.10 and last traded at $1.09. 476,949 shares changed hands during trading, a decline of 62% from the average session volume of 1,249,867 shares. The stock had previously closed at $1.05.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets began coverage on Standard Lithium in a research report on Friday, February 16th. They issued an “outperform” rating for the company.

Standard Lithium Stock Up 3.8 %

The company has a fifty day simple moving average of $1.21 and a 200-day simple moving average of $1.83. The firm has a market cap of $188.30 million, a P/E ratio of -4.95 and a beta of 1.88.

Standard Lithium (OTCMKTS:SLI) last released its earnings results on Thursday, February 8th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.03). As a group, research analysts forecast that Standard Lithium Ltd. will post -0.08 EPS for the current year.

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 area of approximately 150,000 acres located in southern Arkansas. The company was formerly known as Patriot Petroleum Corp. and changed its name to Standard Lithium Ltd.