Standard Lithium (CVE:SLL) Stock Price Up 16.4% – Still a Buy?

Standard Lithium Ltd. (CVE:SLLGet Free Report)’s share price traded up 16.4% during 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 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 Stock Performance

The firm has a market cap of C$975.46 million and a PE ratio of -33.57. The company has a quick ratio of 20.26, a current ratio of 20.48 and a debt-to-equity ratio of 6.45. The company has a 50-day simple moving average of C$6.95 and a two-hundred day simple moving average of C$6.95.

Standard Lithium Company Profile

(Get Free Report)

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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