Stria Lithium (CVE:SRA) Stock Passes Below 200 Day Moving Average – What’s Next?

Stria Lithium Inc. (CVE:SRAGet Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.07 and traded as low as C$0.05. Stria Lithium shares last traded at C$0.05, with a volume of 11,000 shares traded.

Stria Lithium Price Performance

The company has a market capitalization of C$1.30 million, a P/E ratio of -0.83 and a beta of 1.40. The stock’s fifty day simple moving average is C$0.06 and its 200-day simple moving average is C$0.07. The company has a debt-to-equity ratio of 0.34, a current ratio of 21.72 and a quick ratio of 5.22.

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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