Shares of Standard Lithium Ltd. (CVE:SLI – Get Free Report) traded down 3.6% on Monday . The stock traded as low as C$1.88 and last traded at C$1.90. 367,772 shares changed hands during mid-day trading, an increase of 47% from the average session volume of 250,249 shares. The stock had previously closed at C$1.97.
Standard Lithium Stock Performance
The company has a market capitalization of C$349.50 million, a P/E ratio of 2.26 and a beta of 1.93. The company has a debt-to-equity ratio of 0.24, a quick ratio of 25.41 and a current ratio of 4.37. The business’s fifty day simple moving average is C$2.19 and its 200-day simple moving average is C$2.25.
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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