Standard Lithium Ltd. (OTCMKTS:SLI – Get Free Report) shares rose 5% during mid-day trading on Friday . The company traded as high as $1.51 and last traded at $1.46. Approximately 1,478,149 shares traded hands during trading, an increase of 7% from the average daily volume of 1,382,025 shares. The stock had previously closed at $1.39.
Standard Lithium Trading Up 5.0 %
The stock has a market cap of $252.22 million, a price-to-earnings ratio of -14.60 and a beta of 1.63. The stock’s 50-day moving average is $1.88 and its 200-day moving average is $1.54.
Standard Lithium (OTCMKTS:SLI – Get Free Report) last issued its earnings results on Tuesday, September 24th. The company reported ($0.04) EPS for the quarter, meeting analysts’ consensus estimates of ($0.04). On average, equities analysts predict that Standard Lithium Ltd. will post -0.08 earnings per share for the current fiscal 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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