Standard Lithium (CVE:SLL) Trading 1.1% Higher

Shares of Standard Lithium Ltd (CVE:SLL) traded up 1.1% during mid-day trading on Friday . The company traded as high as C$0.93 and last traded at C$0.93, 45,135 shares traded hands during mid-day trading. A decline of 49% from the average session volume of 89,353 shares. The stock had previously closed at C$0.92.

The company has a market cap of $77.96 million and a price-to-earnings ratio of -15.25. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.54 and a current ratio of 0.60. The business’s 50 day moving average price is C$0.87 and its 200-day moving average price is C$0.82.

Standard Lithium (CVE:SLL) last announced its quarterly earnings data on Wednesday, November 27th. The company reported C($0.01) earnings per share (EPS) for the quarter. On average, equities research analysts expect that Standard Lithium Ltd will post -0.08 earnings per share for the current fiscal year.

Standard Lithium Company Profile (CVE:SLL)

Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. The company's flagship project is the Smackover lithium brine project covering an area of 30,000 acres of brine leases located in southern Arkansas. It also holds interest in the Bristol Dry Lake project that covers an area of approximately 155 square kilometers located in the Mojave region of San Bernardino County, California.

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