Standard Lithium (CVE:SLL) Stock Price Up 16.4% – Time to Buy?

Standard Lithium Ltd. (CVE:SLLGet Free Report)’s share price traded up 16.4% during mid-day trading on Friday . The stock traded as high as C$6.95 and last traded at C$6.95. 1,408,977 shares were traded during mid-day 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 Performance

The company has a current ratio of 20.48, a quick ratio of 20.26 and a debt-to-equity ratio of 6.45. The company’s 50 day moving average is C$6.95 and its 200-day moving average is C$6.95. The company has a market capitalization of C$975.46 million and a P/E ratio of -33.57.

Standard Lithium Company Profile

(Get Free Report)

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.

Further Reading

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