Shares of Standard Lithium Ltd. (CVE:SLI – Get Free Report) rose 3.6% during mid-day trading on Monday . The company traded as high as C$6.09 and last traded at C$6.04. Approximately 340,991 shares were traded during mid-day trading, an increase of 0% from the average daily volume of 340,553 shares. The stock had previously closed at C$5.83.
Standard Lithium Stock Performance
The firm has a fifty day moving average of C$6.40 and a 200 day moving average of C$5.75. The stock has a market cap of C$1.43 billion, a price-to-earnings ratio of 9.89 and a beta of 0.73. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.17 and a quick ratio of 25.41.
Standard Lithium Company Profile
Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. Its flagship project is the Lanxess project with area of approximately 150,000 acres located in southern Arkansas. The company was formerly known as Patriot Petroleum Corp. and changed its name to Standard Lithium Ltd. in December 2016. Standard Lithium Ltd. was incorporated in 1998 and is headquartered in Vancouver, Canada.
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