Stria Lithium (CVE:SRA) Sets New 52-Week Low – Here’s Why

Stria Lithium Inc. (CVE:SRAGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 81000 shares traded. The stock had previously closed at C$0.06.

Stria Lithium Stock Down 9.1 %

The company has a debt-to-equity ratio of 0.34, a quick ratio of 5.22 and a current ratio of 21.72. The firm has a market cap of C$1.30 million, a price-to-earnings ratio of -0.92 and a beta of 1.40. The business’s 50 day moving average price is C$0.07 and its 200 day moving average price is C$0.08.

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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