Standard Lithium (OTCMKTS:SLI) Trading 5% Higher – What’s Next?

Standard Lithium Ltd. (OTCMKTS:SLIGet Free Report) was up 5% on Friday . The stock traded as high as $1.51 and last traded at $1.46. Approximately 1,478,149 shares changed hands during trading, an increase of 7% from the average daily volume of 1,382,025 shares. The stock had previously closed at $1.39.

Standard Lithium Trading Up 5.0 %

The firm’s 50-day simple moving average is $1.88 and its two-hundred day simple moving average is $1.53. The stock has a market capitalization of $252.22 million, a PE ratio of -14.60 and a beta of 1.63.

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

About Standard Lithium

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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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