Standard Lithium (CVE:SLI - Get Free Report) was upgraded by Raymond James Financial to a "moderate buy" rating in a research note issued to investors on Thursday,Zacks.com reports.
Standard Lithium Price Performance
Shares of CVE:SLI opened at C$3.90 on Thursday. The company has a quick ratio of 25.41, a current ratio of 4.37 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of C$717.40 million, a PE ratio of 4.65 and a beta of 1.93. Standard Lithium has a twelve month low of C$1.50 and a twelve month high of C$3.98. The company has a 50-day moving average price of C$2.52 and a two-hundred day moving average price of C$2.20.
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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