Standard Lithium Ltd. (NYSEAMERICAN:SLI - Get Free Report)'s share price shot up 8% on Friday . The company traded as high as $1.83 and last traded at $1.75. 5,669,672 shares traded hands during mid-day 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 Stock Down 1.1%
The company's 50 day moving average price is $1.42 and its 200-day moving average price is $1.58. The stock has a market cap of $307.50 million, a P/E ratio of -8.09 and a beta of 1.81.
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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