Standard Lithium Ltd. (CVE:SLI – Get Free Report) dropped 4.1% during mid-day trading on Friday . The company traded as low as C$6.29 and last traded at C$6.29. Approximately 165,693 shares changed hands during mid-day trading, a decline of 41% from the average daily volume of 278,887 shares. The stock had previously closed at C$6.56.
Standard Lithium Stock Down 4.1%
The firm has a market capitalization of C$1.50 billion, a price-to-earnings ratio of 10.33 and a beta of 1.82. The company has a quick ratio of 25.41, a current ratio of 4.37 and a debt-to-equity ratio of 0.24. The company’s 50 day moving average price is C$5.60 and its 200 day moving average price is C$4.16.
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.
Read More
- Five stocks we like better than Standard Lithium
- What is Forex and How Does it Work?
- Five Below and Dollar Tree Earnings Signal a Shopper Shift
- What Are Treasury Bonds?
- Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?
- Investing In Preferred Stock vs. Common Stock
- Gates Foundation Sells MSFT Stock—Should Investors Be Worried?
Receive News & Ratings for Standard Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Lithium and related companies with MarketBeat.com's FREE daily email newsletter.
