Standard Lithium Ltd. (CVE:SLL – Get Free Report)’s stock price shot up 16.4% during trading on Friday . The company traded as high as C$6.95 and last traded at C$6.95. 1,408,977 shares were traded during trading, an increase of 298% from the average session volume of 354,366 shares. The stock had previously closed at C$5.97.
Standard Lithium Stock Up 16.4 %
The firm has a market capitalization of C$975.46 million and a P/E ratio of -33.57. The company has a debt-to-equity ratio of 6.45, a quick ratio of 20.26 and a current ratio of 20.48. The firm’s 50-day moving average is C$6.95 and its 200 day moving average is C$6.95.
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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