Standard Lithium Ltd. (OTCMKTS:SLI – Get Free Report) shares traded down 3.5% during mid-day trading on Friday . The stock traded as low as $1.58 and last traded at $1.64. 1,350,561 shares traded hands during trading, a decline of 9% from the average session volume of 1,487,542 shares. The stock had previously closed at $1.70.
Standard Lithium Stock Down 3.5 %
The firm has a market cap of $283.31 million, a price-to-earnings ratio of -16.40 and a beta of 1.67. The business has a 50 day moving average price of $1.69 and a 200-day moving average price of $1.56.
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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