Standard Lithium (CVE:SLL) Trading 16.4% Higher

Shares of Standard Lithium Ltd. (CVE:SLLGet Free Report) rose 16.4% on Tuesday . The stock traded as high as C$6.95 and last traded at C$6.95. Approximately 1,408,977 shares changed hands during mid-day trading, an increase of 298% from the average daily volume of 354,366 shares. The stock had previously closed at C$5.97.

Standard Lithium Trading Up 16.4 %

The company has a quick ratio of 20.26, a current ratio of 20.48 and a debt-to-equity ratio of 6.45. The stock’s 50 day moving average is C$6.95 and its two-hundred day moving average is C$6.95. The company has a market capitalization of C$975.46 million and a PE ratio of -33.57.

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 where it operates approximately 150,000 acres of brine leases located in south-western Arkansas. The company was formerly known as Patriot Petroleum Corp.

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