International Assets Investment Management LLC Buys 10,800 Shares of Standard Lithium Ltd. (NYSEAMERICAN:SLI)

International Assets Investment Management LLC increased its stake in shares of Standard Lithium Ltd. (NYSEAMERICAN:SLI) by 3.7% during the 1st quarter, HoldingsChannel.com reports. The firm owned 300,250 shares of the company’s stock after purchasing an additional 10,800 shares during the quarter. International Assets Investment Management LLC’s holdings in Standard Lithium were worth $348,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of SLI. Foster Group Inc. bought a new position in Standard Lithium in the 1st quarter valued at $27,000. Creekmur Asset Management LLC bought a new position in Standard Lithium in the 4th quarter valued at $93,000. GeoSphere Capital Management LLC bought a new position in Standard Lithium in the 4th quarter valued at $1,212,000. Soviero Asset Management LP grew its position in Standard Lithium by 195.8% in the 4th quarter. Soviero Asset Management LP now owns 710,000 shares of the company’s stock valued at $1,434,000 after acquiring an additional 470,000 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in Standard Lithium by 69.8% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,839,545 shares of the company’s stock valued at $7,724,000 after acquiring an additional 1,578,404 shares during the last quarter. Institutional investors own 16.77% of the company’s stock.

Standard Lithium Stock Up 0.8 %

Shares of Standard Lithium stock opened at $1.21 on Wednesday. Standard Lithium Ltd. has a 52 week low of $1.05 and a 52 week high of $4.85. The firm has a fifty day simple moving average of $1.95. The company has a market cap of $209.03 million, a P/E ratio of -5.50 and a beta of 1.81.

Standard Lithium (NYSEAMERICAN:SLI) last posted its quarterly earnings results on Thursday, May 9th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. On average, equities analysts anticipate that Standard Lithium Ltd. will post -0.14 EPS for the current year.

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 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.