Standard Lithium (CVE:SLI) Trading Down 7.3% - Time to Sell?

Standard Lithium Ltd. (CVE:SLI - Get Free Report)'s share price fell 7.3% during trading on Wednesday . The stock traded as low as C$1.90 and last traded at C$1.90. 254,482 shares traded hands during trading, an increase of 67% from the average session volume of 152,196 shares. The stock had previously closed at C$2.05.

Standard Lithium Trading Up 4.7 %

The business has a fifty day moving average of C$2.67 and a 200-day moving average of C$2.11. The stock has a market capitalization of C$367.31 million, a price-to-earnings ratio of 2.43 and a beta of 1.93. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.30 and a quick ratio of 25.41.

Standard Lithium (CVE:SLI - Get Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The company reported C($0.04) EPS for the quarter, missing the consensus estimate of C($0.03) by C($0.01). On average, equities analysts anticipate that Standard Lithium Ltd. will post -0.2 earnings per share for the current fiscal year.

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 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.