Standard Lithium (CVE:SLI) Trading Down 5.7%

Standard Lithium Ltd. (CVE:SLI)’s stock price traded down 5.7% during trading on Monday . The stock traded as low as C$1.45 and last traded at C$1.49. 88,323 shares were traded during trading, a decline of 34% from the average session volume of 134,757 shares. The stock had previously closed at C$1.58.

Standard Lithium Trading Up 4.1 %

The stock has a market capitalization of C$273.35 million, a price-to-earnings ratio of -4.66 and a beta of 1.92. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.51 and a quick ratio of 25.41. The business has a fifty day moving average of C$1.64 and a 200-day moving average of C$2.46.

Standard Lithium (CVE:SLI) last issued its earnings results on Thursday, February 8th. The company reported C($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.02) by C($0.04). On average, equities analysts anticipate that Standard Lithium Ltd. will post -0.2 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.