Stria Lithium (CVE:SRA) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

Shares of Stria Lithium Inc. (CVE:SRAGet Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.08 and traded as low as C$0.07. Stria Lithium shares last traded at C$0.07, with a volume of 10,000 shares traded.

Stria Lithium Stock Down 23.5 %

The stock has a 50 day moving average of C$0.08 and a 200 day moving average of C$0.09. The firm has a market capitalization of C$1.68 million, a price-to-earnings ratio of -1.08 and a beta of 1.40. The company has a quick ratio of 5.22, a current ratio of 21.72 and a debt-to-equity ratio of 0.34.

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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