Standard Lithium Ltd. (CVE:SLL – Get Free Report) shares rose 16.4% during mid-day trading on Thursday . The stock traded as high as C$6.95 and last traded at C$6.95. Approximately 1,408,977 shares were traded during mid-day trading, an increase of 298% from the average daily volume of 354,366 shares. The stock had previously closed at C$5.97.
Standard Lithium Stock Performance
The stock has a market capitalization of C$975.46 million and a P/E ratio of -33.57. The company has a 50 day simple moving average of C$6.95 and a 200-day simple moving average of C$6.95. The company has a debt-to-equity ratio of 6.45, a current ratio of 20.48 and a quick ratio of 20.26.
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 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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