Shares of Standard Lithium Ltd. (CVE:SLI – Get Free Report) were up 15.8% during trading on Tuesday . The stock traded as high as C$3.17 and last traded at C$3.15. Approximately 644,690 shares changed hands during mid-day trading, an increase of 368% from the average daily volume of 137,636 shares. The stock had previously closed at C$2.72.
Standard Lithium Stock Up 15.8 %
The company has a market cap of C$581.43 million, a PE ratio of 3.84 and a beta of 1.93. The company’s 50 day moving average is C$2.03 and its 200 day moving average is C$1.92. The company has a current ratio of 3.30, a quick ratio of 25.41 and a debt-to-equity ratio of 0.29.
Standard Lithium (CVE:SLI – Get Free Report) last posted its quarterly earnings results on Tuesday, September 24th. The company reported C($0.05) EPS for the quarter, hitting the consensus estimate of C($0.05). As a group, analysts predict that Standard Lithium Ltd. will post -0.2 earnings per share for the current fiscal year.
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.
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