Standard Lithium Ltd. (CVE:SLI - Get Free Report)'s share price traded down 2.4% on Wednesday . The stock traded as low as C$1.98 and last traded at C$2.00. 119,158 shares changed hands during mid-day trading, a decline of 43% from the average session volume of 207,884 shares. The stock had previously closed at C$2.05.
Standard Lithium Trading Down 1.0 %
The stock has a market cap of C$366.06 million, a price-to-earnings ratio of 2.37 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 company's 50 day simple moving average is C$1.87 and its two-hundred day simple moving average is C$2.24.
About Standard Lithium
(
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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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