Standard Lithium (NYSEAMERICAN:SLI) Trading 2.2% Higher – Time to Buy?

by · The Cerbat Gem

Standard Lithium Ltd. (NYSEAMERICAN:SLI – Get Free Report)’s stock price rose 2.2% during mid-day trading on Thursday . The company traded as high as $1.43 and last traded at $1.39. Approximately 1,159,314 shares changed hands during mid-day trading, a decline of 16% from the average daily volume of 1,381,627 shares. The stock had previously closed at $1.36.

Standard Lithium Stock Performance

The stock has a market cap of $252.22 million, a P/E ratio of -6.64 and a beta of 1.81.

Standard Lithium (NYSEAMERICAN:SLI – Get Free Report) last posted its quarterly earnings results on Tuesday, September 24th. The company reported ($0.04) EPS for the quarter, hitting analysts’ consensus estimates of ($0.04). Equities research analysts forecast that Standard Lithium Ltd. will post -0.14 EPS for the current fiscal year.

Standard Lithium Company Profile

(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.

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