Standard Lithium Ltd. (CVE:SLI – Get Free Report) insider James Andrew Charles Robinson purchased 45,000 shares of the stock in a transaction on Friday, October 16th. The shares were acquired at an average price of C$2.01 per share, for a total transaction of C$90,450.00. Following the transaction, the insider directly owned 3,392,567 shares of the company’s stock, valued at C$6,819,059.67. This represents a 1.34% increase in their position.
Standard Lithium Price Performance
SLI traded up C$0.02 during trading on Monday, hitting C$2.08. The company’s stock had a trading volume of 465,990 shares, compared to its average volume of 231,552. The company has a current ratio of 20.17, a quick ratio of 25.41 and a debt-to-equity ratio of 0.06. Standard Lithium Ltd. has a twelve month low of C$1.88 and a twelve month high of C$8.18. The business’s fifty day simple moving average is C$2.97 and its 200 day simple moving average is C$3.96. The firm has a market capitalization of C$513.31 million, a price-to-earnings ratio of -9.45 and a beta of 1.77.
Analyst Ratings Changes
Separately, Jefferies Financial Group raised shares of Standard Lithium to a “hold” rating and set a C$2.90 price target for the company in a report on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Standard Lithium has a consensus rating of “Buy” and an average target price of C$2.90.
Check Out Our Latest Research Report on SLI
About Standard Lithium
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. in December 2016. Standard Lithium Ltd. was incorporated in 1998 and is headquartered in Vancouver, Canada.
See Also
- Five stocks we like better than Standard Lithium
- Tesla’s Roadster Reveal Hints at 2 Much Bigger Moves
- The AI Sell-Off Continues—These 3 Stocks Keep Raising Guidance Anyway
- Mr. Wonderful’s Test for AI Data Center Stocks: Power, Permits, and Tenants
- Alcoa Beat Earnings, But Can It Escape the Aluminum Bears?
Receive News & Ratings for Standard Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Lithium and related companies with MarketBeat.com's FREE daily email newsletter.
