Stria Lithium (CVE:SRA) Hits New 1-Year High – Should You Buy?

Stria Lithium Inc. (CVE:SRAGet Free Report) reached a new 52-week high on Thursday . The stock traded as high as C$0.50 and last traded at C$0.49, with a volume of 30621 shares trading hands. The stock had previously closed at C$0.45.

Stria Lithium Stock Performance

The firm has a market capitalization of C$19.70 million, a PE ratio of -3.69 and a beta of 1.66. The company has a fifty day moving average price of C$0.35 and a 200-day moving average price of C$0.26.

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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