Stria Lithium (CVE:SRA) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Stria Lithium Inc. (CVE:SRAGet Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.08 and traded as low as C$0.08. Stria Lithium shares last traded at C$0.08, with a volume of 99,500 shares traded.

Stria Lithium Stock Performance

The stock has a market cap of C$2.07 million, a P/E ratio of -1.33 and a beta of 1.40. The company has a quick ratio of 5.22, a current ratio of 21.72 and a debt-to-equity ratio of 0.34. The business has a 50 day moving average price of C$0.08 and a two-hundred day moving average price of C$0.09.

Stria Lithium Company Profile

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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.

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