Standard Lithium Ltd (TSE:SLI) Senior Officer Sells C$24,395.00 in Stock

Standard Lithium Ltd (TSE:SLI – Get Rating) Senior Officer Kara Leah Norman sold 4,100 shares of the company’s stock in a transaction that occurred on Monday, June 20th. The shares were sold at an average price of C$5.95, for a total value of C$24,395.00. Following the transaction, the insider now owns 195,900 shares of the company’s stock, valued at approximately C$1,165,605.

Separately, Stifel Nicolaus assumed coverage on Standard Lithium in a report on Tuesday, March 15th. They set a “buy” rating and a C$13.00 target price for the company.

Standard Lithium Company Profile (Get Rating)

Standard Lithium is an innovative technology and lithium development company. The company’s flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations. The Company has commissioned its first-of-a-kind industrial scale Direct Lithium Extraction Demonstration Plant at LANXESS’ South Plant facility in southern Arkansas.

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