Standard Lithium Ltd. (CVE:SLI – Get Free Report)’s share price traded up 1.3% during trading on Thursday . The company traded as high as C$1.62 and last traded at C$1.59. 41,495 shares traded hands during 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 Stock Down 1.9 %
The firm has a market cap of C$286.20 million, a price-to-earnings ratio of -4.73 and a beta of 1.91. The firm has a fifty day simple moving average of C$1.71 and a 200-day simple moving average of C$1.79. The company has a debt-to-equity ratio of 0.54, a quick ratio of 25.41 and a current ratio of 1.69.
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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