Standard Lithium Ltd. (OTCMKTS:SLI – Get Free Report) shares fell 3.4% during trading on Monday . The company traded as low as $1.30 and last traded at $1.40. 1,951,926 shares changed hands during trading, an increase of 62% from the average session volume of 1,206,100 shares. The stock had previously closed at $1.45.
Standard Lithium Stock Performance
The firm’s 50-day simple moving average is $1.47 and its 200 day simple moving average is $1.62. The company has a market cap of $236.67 million, a P/E ratio of -13.70 and a beta of 1.70.
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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