Standard Lithium Ltd. (CVE:SLL – Get Free Report) shares traded up 16.4% on Wednesday . The stock 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 Up 16.4 %
The company has a debt-to-equity ratio of 6.45, a current ratio of 20.48 and a quick ratio of 20.26. The firm’s 50-day simple moving average is C$6.95 and its two-hundred day simple moving average is C$6.95. The company has a market capitalization of C$975.46 million and a price-to-earnings ratio of -33.57.
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 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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