Standard Lithium Ltd. (OTCMKTS:SLI – Get Free Report)’s share price traded down 3.4% during mid-day trading on Friday . The company traded as low as $1.37 and last traded at $1.40. 1,114,740 shares were traded during trading, a decline of 9% from the average session volume of 1,222,860 shares. The stock had previously closed at $1.45.
Standard Lithium Trading Down 3.4 %
The firm’s 50-day simple moving average is $1.53 and its 200 day simple moving average is $1.60. The stock has a market cap of $241.85 million, a P/E ratio of -14.00 and a beta of 1.67.
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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