Standard Lithium Ltd. (CVE:SLI – Get Free Report) was down 7.1% on Monday . The stock traded as low as C$2.10 and last traded at C$2.10. Approximately 53,290 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 122,474 shares. The stock had previously closed at C$2.26.
Standard Lithium Trading Down 7.1 %
The company has a debt-to-equity ratio of 0.54, a quick ratio of 25.41 and a current ratio of 1.69. The firm has a market capitalization of C$385.27 million, a PE ratio of -6.36 and a beta of 1.91. The stock’s 50-day simple moving average is C$1.73 and its 200-day simple moving average is C$1.80.
Standard Lithium (CVE:SLI – Get Free Report) last posted its quarterly earnings data on Tuesday, September 24th. The company reported C($0.05) earnings per share for the quarter, meeting the consensus estimate of C($0.05). As a group, sell-side analysts expect that Standard Lithium Ltd. will post -0.2 EPS for the current fiscal year.
About Standard Lithium
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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