Standard Lithium Ltd. (NYSEAMERICAN:SLI – Get Free Report)’s share price dropped 3.5% on Friday . The company traded as low as $1.58 and last traded at $1.64. Approximately 1,350,561 shares were traded during trading, a decline of 9% from the average daily volume of 1,487,542 shares. The stock had previously closed at $1.70.
Standard Lithium Trading Down 3.5 %
The company has a market cap of $283.31 million, a price-to-earnings ratio of -7.45 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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