Stria Lithium (CVE:SRA) Hits New 52-Week High – Should You Buy?

Shares of Stria Lithium Inc. (CVE:SRA) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.17 and last traded at C$0.17, with a volume of 26500 shares. The stock had previously closed at C$0.16.

Stria Lithium Stock Performance

The company has a 50 day simple moving average of C$0.09 and a 200 day simple moving average of C$0.08. The company has a market capitalization of C$4.41 million, a PE ratio of -3.13 and a beta of 1.40.

Stria Lithium Company Profile

Stria Lithium Inc engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for lithium deposits. Its flagship project is the 100% owned Pontax-Lithium that includes 68 contiguous mining claims covering an area of 3,613 hectares located in the west-central Eeyou Istchee James Bay Territory in Northern Quebec.