Standard Lithium (CVE:SLI - Get Free Report) was upgraded by investment analysts at Raymond James Financial to a "moderate buy" rating in a research note issued to investors on Thursday,Zacks.com reports.
Standard Lithium Stock Up 2.4%
Shares of SLI stock traded up C$0.09 during mid-day trading on Thursday, hitting C$3.85. 120,726 shares of the stock traded hands, compared to its average volume of 196,768. The stock has a market cap of C$708.20 million, a P/E ratio of 4.59 and a beta of 1.93. The stock's fifty day moving average is C$2.52 and its two-hundred day moving average is C$2.20. Standard Lithium has a 52-week low of C$1.50 and a 52-week high of C$4.04. The company has a debt-to-equity ratio of 0.24, a current ratio of 4.37 and a quick ratio of 25.41.
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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