Stria Lithium (CVE:SRA) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

Stria Lithium Inc. (CVE:SRAGet Free Report)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.06 and traded as low as C$0.06. Stria Lithium shares last traded at C$0.06, with a volume of 12,000 shares traded.

Stria Lithium Trading Down 7.7 %

The business has a 50 day simple moving average of C$0.06 and a 200-day simple moving average of C$0.07. The company has a current ratio of 21.72, a quick ratio of 5.22 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of C$1.56 million, a price-to-earnings ratio of -1.00 and a beta of 1.40.

Stria Lithium Company Profile

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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.

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