Standard Lithium Ltd. (CVE:SLI - Get Free Report)'s stock price reached a new 52-week high during trading on Friday . The stock traded as high as C$3.81 and last traded at C$3.70, with a volume of 563771 shares changing hands. The stock had previously closed at C$3.30.
Analyst Upgrades and Downgrades
Separately, Raymond James Financial upgraded shares of Standard Lithium to a "moderate buy" rating in a research note on Thursday.
Check Out Our Latest Stock Analysis on SLI
Standard Lithium Trading Down 3.6%
The company has a market cap of C$691.65 million, a price-to-earnings ratio of 4.48 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 50 day moving average price is C$2.52 and its 200-day moving average price is C$2.20.
Standard Lithium Company Profile
(
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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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