Canaccord Genuity Initiates Coverage on Standard Lithium (OTCMKTS:STLHF)

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Analysts at Canaccord Genuity began coverage on shares of Standard Lithium (OTCMKTS:STLHF) in a research note issued to investors on Tuesday, The Fly reports. The brokerage set a “buy” rating on the stock.

Shares of OTCMKTS:STLHF opened at $2.98 on Tuesday. Standard Lithium has a fifty-two week low of $0.30 and a fifty-two week high of $3.11. The business has a 50-day moving average of $2.18 and a two-hundred day moving average of $1.47.

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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