Shares of Standard Lithium Ltd. (NYSEAMERICAN:SLI – Get Free Report) shot up 2.2% on Thursday . The company traded as high as $1.43 and last traded at $1.39. 1,159,314 shares changed hands during trading, a decline of 16% from the average session volume of 1,381,627 shares. The stock had previously closed at $1.36.
Standard Lithium Price Performance
The company has a market cap of $252.22 million, a price-to-earnings ratio of -6.64 and a beta of 1.81.
Standard Lithium (NYSEAMERICAN:SLI – Get Free Report) last announced its quarterly earnings results on Tuesday, September 24th. The company reported ($0.04) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.04). On average, equities research analysts anticipate that Standard Lithium Ltd. will post -0.14 earnings per share for the current year.
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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