Standard Lithium Ltd. (CVE:SLI – Get Free Report) shares traded down 3% during mid-day trading on Tuesday . The company traded as low as C$1.90 and last traded at C$1.94. 197,895 shares traded hands during mid-day trading, a decline of 16% from the average session volume of 236,400 shares. The stock had previously closed at C$2.00.
Standard Lithium Stock Down 3.0 %
The firm has a 50-day simple moving average of C$2.10 and a 200 day simple moving average of C$2.27. The stock has a market capitalization of C$356.86 million, a P/E ratio of 2.31 and a beta of 1.93. The company has a debt-to-equity ratio of 0.24, a current ratio of 4.37 and a quick ratio of 25.41.
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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