Stria Lithium (CVE:SRA) Reaches New 52-Week High – Still a Buy?

Stria Lithium Inc. (CVE:SRAGet Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as C$0.44 and last traded at C$0.44, with a volume of 7607 shares trading hands. The stock had previously closed at C$0.42.

Stria Lithium Price Performance

The stock’s 50 day moving average price is C$0.32 and its two-hundred day moving average price is C$0.23. The firm has a market capitalization of C$17.34 million, a price-to-earnings ratio of -3.69 and a beta of 2.04.

Stria Lithium Company Profile

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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. The company was formerly known as Stria Capital Inc and changed its name to Stria Lithium Inc in April 2014. Stria Lithium Inc is headquartered in Kingston, Canada.

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