Standard Lithium (OTCMKTS:SLI) Trading 5.9% Higher – Here’s Why

Standard Lithium Ltd. (OTCMKTS:SLIGet Free Report)’s share price rose 5.9% during trading on Friday . The company traded as high as $1.85 and last traded at $1.79. Approximately 989,700 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 1,384,864 shares. The stock had previously closed at $1.69.

Standard Lithium Price Performance

The stock has a market cap of $309.23 million, a PE ratio of 3.03 and a beta of 1.79. The company has a 50 day moving average price of $1.93 and a two-hundred day moving average price of $1.55.

Standard Lithium (OTCMKTS:SLIGet Free Report) last issued its earnings results on Tuesday, September 24th. The company reported ($0.04) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.04). As a group, equities analysts predict that Standard Lithium Ltd. will post -0.08 earnings per share for the current fiscal year.

About Standard Lithium

(Get Free Report)

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.

Read More

Receive News & Ratings for Standard Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Lithium and related companies with MarketBeat.com's FREE daily email newsletter.