Stria Lithium (CVE:SRA) Trading Up 20% – Time to Buy?

Shares of Stria Lithium Inc. (CVE:SRAGet Free Report) shot up 20% during mid-day trading on Monday . The company traded as high as C$0.09 and last traded at C$0.09. 65,955 shares were traded during trading, an increase of 298% from the average session volume of 16,587 shares. The stock had previously closed at C$0.08.

Stria Lithium Stock Performance

The company has a market capitalization of C$2.59 million, a price-to-earnings ratio of -1.84 and a beta of 1.40. The company has a 50 day moving average price of C$0.06 and a 200 day moving average price of C$0.07.

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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