Standard Lithium Ltd. (NYSEAMERICAN:SLI – Get Free Report) shares rose 1.8% during mid-day trading on Thursday . The company traded as high as $1.75 and last traded at $1.69. Approximately 1,357,015 shares were traded during trading, a decline of 2% from the average daily volume of 1,386,579 shares. The stock had previously closed at $1.66.
Standard Lithium Stock Performance
The firm has a market capitalization of $291.95 million, a PE ratio of -7.68 and a beta of 1.81.
Standard Lithium (NYSEAMERICAN:SLI – Get Free Report) last issued its quarterly earnings results on Tuesday, September 24th. The company reported ($0.04) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.04). As a group, analysts predict that Standard Lithium Ltd. will post -0.14 EPS for the current year.
About Standard Lithium
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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