Standard Lithium Ltd. (CVE:SLI – Get Free Report) shot up 1.3% during trading on Thursday . The stock traded as high as C$1.62 and last traded at C$1.59. 41,495 shares were traded during mid-day trading, a decline of 66% from the average session volume of 121,987 shares. The stock had previously closed at C$1.57.
Standard Lithium Price Performance
The firm has a 50 day moving average price of C$1.72 and a 200 day moving average price of C$1.79. The company has a quick ratio of 25.41, a current ratio of 1.69 and a debt-to-equity ratio of 0.54. The stock has a market cap of C$291.70 million, a P/E ratio of -4.82 and a beta of 1.91.
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.
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