Standard Lithium (NYSEAMERICAN:SLI) Trading 2.8% Higher - What's Next?

Standard Lithium Ltd. (NYSEAMERICAN:SLI - Get Free Report)'s share price rose 2.8% during trading on Wednesday . The stock traded as high as $1.50 and last traded at $1.48. Approximately 1,241,140 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 1,703,915 shares. The stock had previously closed at $1.44.

Standard Lithium Price Performance

The company has a 50-day moving average of $1.33 and a two-hundred day moving average of $1.58. The stock has a market capitalization of $250.49 million, a PE ratio of -6.59 and a beta of 1.81.

Standard Lithium Company Profile

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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