Standard Lithium Ltd. (CVE:SLL – Get Free Report)’s stock price shot up 16.4% during mid-day trading on Friday . The company traded as high as C$6.95 and last traded at C$6.95. 1,408,977 shares traded hands during mid-day trading, an increase of 298% from the average session volume of 354,366 shares. The stock had previously closed at C$5.97.
Standard Lithium Price Performance
The company has a current ratio of 20.48, a quick ratio of 20.26 and a debt-to-equity ratio of 6.45. The company has a fifty day moving average price of C$6.95 and a two-hundred day moving average price of C$6.95. The firm has a market cap of C$975.46 million and a P/E ratio of -33.57.
Standard Lithium Company Profile
Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. Its flagship project is the Lanxess project where it operates approximately 150,000 acres of brine leases located in south-western Arkansas. The company was formerly known as Patriot Petroleum Corp.
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