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Standard Lithium (CVE:SLI) Stock Price Up 13.2% - Here's Why

Standard Lithium logo with Basic Materials background
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Key Points

  • Up 13.2%: Shares rose to C$4.98 (intraday high C$4.99) on Tuesday with about 149,117 shares traded, roughly 48% below the stock's average daily volume.
  • Valuation and momentum: Standard Lithium has a market cap of C$1.19 billion and a P/E of 8.18, but the stock is trading below both its 50‑day and 200‑day simple moving averages (around C$5.90).
  • Business and balance sheet: The company develops lithium brine assets with its flagship Lanxess project in southern Arkansas and shows low leverage (debt/equity 0.17) and very strong reported liquidity (quick ratio 25.41, current ratio 4.17).
  • Interested in Standard Lithium? Here are five stocks we like better.

Shares of Standard Lithium Ltd. (CVE:SLI - Get Free Report) were up 13.2% during trading on Tuesday . The stock traded as high as C$4.99 and last traded at C$4.98. Approximately 149,117 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 288,854 shares. The stock had previously closed at C$4.40.

Standard Lithium Price Performance

The company has a market capitalization of C$1.19 billion, a price-to-earnings ratio of 8.18 and a beta of 0.73. The company has a fifty day simple moving average of C$5.90 and a two-hundred day simple moving average of C$5.88. The company has a debt-to-equity ratio of 0.17, a quick ratio of 25.41 and a current ratio of 4.17.

About Standard Lithium

(Get Free Report)

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. in December 2016. Standard Lithium Ltd. was incorporated in 1998 and is headquartered in Vancouver, Canada.

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