Shares of Standard Lithium Ltd. (CVE:SLI – Get Free Report) were up 0.8% on Thursday . The company traded as high as C$2.55 and last traded at C$2.51. Approximately 246,722 shares were traded during trading, a decline of 11% from the average daily volume of 277,370 shares. The stock had previously closed at C$2.49.
Standard Lithium Trading Down 6.4 %
The business’s 50-day simple moving average is C$2.41 and its 200-day simple moving average is C$2.14. The company has a current ratio of 3.30, a quick ratio of 25.41 and a debt-to-equity ratio of 0.29. The company has a market cap of C$433.76 million, a PE ratio of 2.87 and a beta of 1.93.
Standard Lithium (CVE:SLI – Get Free Report) last posted its quarterly earnings results on Tuesday, November 12th. The company reported C($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.03) by C($0.01). As a group, analysts expect that Standard Lithium Ltd. will post -0.2 EPS 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.
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