Shares of Standard Lithium Ltd. (NYSEAMERICAN:SLI - Get Free Report) were down 3.4% during trading on Monday . The stock traded as low as $1.30 and last traded at $1.40. Approximately 1,951,926 shares changed hands during trading, an increase of 62% from the average daily volume of 1,206,100 shares. The stock had previously closed at $1.45.
Standard Lithium Stock Performance
The stock has a market capitalization of $216.80 million, a P/E ratio of -5.70 and a beta of 1.81. The firm's 50-day moving average is $1.48.
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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