Standard Lithium Ltd. (CVE:SLL – Get Free Report)’s stock price rose 16.4% on Friday . The company traded as high as C$6.95 and last traded at C$6.95. Approximately 1,408,977 shares traded hands during 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 firm’s 50 day moving average is C$6.95 and its two-hundred day moving average is C$6.95. The stock has a market cap of C$975.46 million and a price-to-earnings ratio of -33.57.
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 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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