Stria Lithium (CVE:SRA) Stock Price Passes Below 50-Day Moving Average – Here’s Why

Stria Lithium Inc. (CVE:SRAGet Free Report)’s stock price crossed below its fifty day moving average during trading on Thursday . 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 5,000 shares trading hands.

Stria Lithium Stock Performance

The company’s 50-day simple moving average is C$0.08 and its 200 day simple moving average is C$0.09. The company has a current ratio of 21.72, a quick ratio of 5.22 and a debt-to-equity ratio of 0.34. The stock has a market cap of C$1.94 million, a P/E ratio of -1.25 and a beta of 1.43.

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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