Stria Lithium (CVE:SRA) Shares Down 21.1% – What’s Next?
by Scott Moore · The Cerbat GemStria Lithium Inc. (CVE:SRA – Get Free Report) dropped 21.1% during mid-day trading on Tuesday . The stock traded as low as C$0.56 and last traded at C$0.56. Approximately 195,448 shares were traded during mid-day trading, an increase of 214% from the average daily volume of 62,248 shares. The stock had previously closed at C$0.71.
Stria Lithium Stock Performance
The company has a 50-day moving average of C$0.44 and a 200-day moving average of C$0.30. The stock has a market capitalization of C$22.07 million, a price-to-earnings ratio of -3.69 and a beta of 1.66.
About Stria Lithium
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. The company was formerly known as Stria Capital Inc and changed its name to Stria Lithium Inc in April 2014. Stria Lithium Inc is headquartered in Kingston, Canada.