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Standard Lithium (NYSEAMERICAN:SLI) Trading Up 8% - Should You Buy?

Standard Lithium logo with Basic Materials background

Shares of Standard Lithium Ltd. (NYSEAMERICAN:SLI - Get Free Report) traded up 8% during trading on Friday . The company traded as high as $1.83 and last traded at $1.75. 5,669,672 shares traded hands during trading, an increase of 235% from the average session volume of 1,692,174 shares. The stock had previously closed at $1.62.

Standard Lithium Price Performance

The business has a fifty day moving average price of $1.44 and a 200 day moving average price of $1.59. The company has a market capitalization of $305.77 million, a price-to-earnings ratio of -8.05 and a beta of 1.81.

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.

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