Standard Lithium Ltd. (CVE:SLL – Get Rating) shares were up 16.4% during mid-day trading on Thursday . The company traded as high as C$6.95 and last traded at C$6.95. Approximately 1,408,977 shares traded hands during mid-day trading, an increase of 298% from the average daily volume of 354,366 shares. The stock had previously closed at C$5.97.
Standard Lithium Stock Performance
The company has a quick ratio of 20.26, a current ratio of 20.48 and a debt-to-equity ratio of 6.45. The company has a market cap of C$975.46 million and a PE ratio of -33.57. The business’s fifty day moving average is C$6.95 and its 200-day moving average is C$6.95.
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 where it operates approximately 150,000 acres of brine leases located in south-western Arkansas. The company was formerly known as Patriot Petroleum Corp.
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