Standard Lithium Ltd. (CVE:SLI - Get Free Report)'s stock price shot up 1.4% during trading on Thursday . The company traded as high as C$2.26 and last traded at C$2.23. 127,267 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 197,442 shares. The stock had previously closed at C$2.20.
Standard Lithium Price Performance
The company has a current ratio of 4.37, a quick ratio of 25.41 and a debt-to-equity ratio of 0.24. The stock has a fifty day simple moving average of C$1.95 and a 200-day simple moving average of C$2.14. The stock has a market cap of C$426.76 million, a price-to-earnings ratio of 2.77 and a beta of 1.93.
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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