Standard Lithium Ltd. (NYSEAMERICAN:SLI – Get Free Report) dropped 3.5% during mid-day trading on Friday . The stock traded as low as $1.58 and last traded at $1.64. Approximately 1,350,561 shares changed hands during trading, a decline of 9% from the average daily volume of 1,487,542 shares. The stock had previously closed at $1.70.
Standard Lithium Stock Performance
The stock has a market cap of $283.31 million, a PE ratio of -7.45 and a beta of 1.81.
Standard Lithium Company Profile
Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. Its flagship project is the Lanxess project with area of approximately 150,000 acres located in southern Arkansas. The company was formerly known as Patriot Petroleum Corp. and changed its name to Standard Lithium Ltd.
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