Shares of Standard Lithium Ltd. (CVE:SLI - Get Free Report) dropped 3.6% on Monday . The stock traded as low as C$1.88 and last traded at C$1.90. Approximately 367,772 shares changed hands during trading, an increase of 47% from the average daily volume of 250,249 shares. The stock had previously closed at C$1.97.
Standard Lithium Price Performance
The stock has a market capitalization of C$342.14 million, a price-to-earnings ratio of 2.22 and a beta of 1.93. 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 stock has a fifty day moving average of C$2.18 and a 200-day moving average of C$2.24.
Standard Lithium Company Profile
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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.
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