Stria Lithium (CVE:SRA) Shares Up 45% – Still a Buy?

Shares of Stria Lithium Inc. (CVE:SRAGet Free Report) traded up 45% during trading on Tuesday . The stock traded as high as C$0.15 and last traded at C$0.15. 118,000 shares traded hands during trading, an increase of 168% from the average session volume of 43,969 shares. The stock had previously closed at C$0.10.

Stria Lithium Price Performance

The company’s 50-day simple moving average is C$0.06 and its 200 day simple moving average is C$0.07. The firm has a market cap of C$3.24 million, a P/E ratio of -2.30 and a beta of 1.40.

Stria Lithium Company Profile

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Stria Lithium Inc engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for lithium deposits. Its flagship project is the 100% owned Pontax-Lithium that includes 68 contiguous mining claims covering an area of 3,613 hectares located in the west-central Eeyou Istchee James Bay Territory in Northern Quebec.

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