Standard Lithium Ltd. (CVE:SLI – Get Free Report)’s share price rose 1.3% during mid-day trading on Thursday . The stock traded as high as C$1.62 and last traded at C$1.59. Approximately 41,495 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 121,987 shares. The stock had previously closed at C$1.57.
Standard Lithium Trading Down 1.9 %
The company has a market cap of C$286.20 million, a P/E ratio of -4.73 and a beta of 1.91. The firm’s 50 day moving average is C$1.71 and its two-hundred day moving average is 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.
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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