Stria Lithium (CVE:SRA) Trading 33.3% Higher – Still a Buy?

Stria Lithium Inc. (CVE:SRAGet Free Report)’s share price rose 33.3% on Monday . The stock traded as high as C$0.15 and last traded at C$0.10. Approximately 504,066 shares changed hands during mid-day trading, an increase of 1,046% from the average daily volume of 43,969 shares. The stock had previously closed at C$0.08.

Stria Lithium Price Performance

The stock 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’s 50-day simple moving average is C$0.06 and its 200-day simple moving average is C$0.07.

About Stria Lithium

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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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