Standard Lithium (OTCMKTS:SLI) Stock Price Up 3.8%

Standard Lithium Ltd. (OTCMKTS:SLI - Get Free Report) shares were up 3.8% during mid-day trading on Monday . The stock traded as high as $1.10 and last traded at $1.09. Approximately 476,949 shares changed hands during trading, a decline of 62% from the average daily volume of 1,249,867 shares. The stock had previously closed at $1.05.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets began coverage on shares of Standard Lithium in a research report on Friday, February 16th. They set an "outperform" rating for the company.

Standard Lithium Price Performance

The firm's 50-day moving average price is $1.21 and its 200-day moving average price is $1.83. The company has a market cap of $187.44 million, a price-to-earnings ratio of -4.93 and a beta of 1.88.

Standard Lithium (OTCMKTS:SLI - Get Free Report) last released its quarterly earnings results on Thursday, February 8th. The company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.03). On average, sell-side analysts anticipate that Standard Lithium Ltd. will post -0.08 earnings per share for the current 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.