Stria Lithium (CVE:SRA) Stock Price Down 16.7% – Here’s Why

Stria Lithium Inc. (CVE:SRAGet Free Report)’s stock price dropped 16.7% on Friday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 17,000 shares were traded during trading, a decline of 72% from the average daily volume of 61,202 shares. The stock had previously closed at C$0.15.

Stria Lithium Stock Performance

The stock’s fifty day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.07. The company has a market cap of C$3.24 million, a price-to-earnings ratio of -2.30 and a beta of 1.40.

About Stria Lithium

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Stria Lithium Inc engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for lithium deposits. Its flagship project is the 100% owned Pontax-Lithium that includes 68 contiguous mining claims covering an area of 3,613 hectares located in the west-central Eeyou Istchee James Bay Territory in Northern Quebec.

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