Standard Lithium Ltd. (CVE:SLI – Get Free Report) was down 5.7% on Monday . The company traded as low as C$1.45 and last traded at C$1.49. Approximately 88,323 shares were traded during trading, a decline of 34% from the average daily volume of 134,757 shares. The stock had previously closed at C$1.58.
Standard Lithium Trading Down 5.7 %
The company has a current ratio of 1.51, a quick ratio of 25.41 and a debt-to-equity ratio of 0.67. The stock has a 50-day simple moving average of C$1.65 and a two-hundred day simple moving average of C$2.49. The firm has a market capitalization of C$264.48 million, a P/E ratio of -4.66 and a beta of 1.92.
Standard Lithium (CVE:SLI – Get Free Report) last announced its quarterly 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 research analysts anticipate that Standard Lithium Ltd. will post -0.2 earnings per share for the current year.
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 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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