Stria Lithium (CVE:SRA) Trading Down 19.7% – Should You Sell?

Shares of Stria Lithium Inc. (CVE:SRAGet Free Report) fell 19.7% during mid-day trading on Monday . The company traded as low as C$0.56 and last traded at C$0.57. 174,278 shares were traded during trading, an increase of 188% from the average session volume of 60,545 shares. The stock had previously closed at C$0.71.

Stria Lithium Price Performance

The company has a market capitalization of C$22.07 million, a price-to-earnings ratio of -3.69 and a beta of 1.66. The firm has a fifty day simple moving average of C$0.43 and a 200 day simple moving average of C$0.29.

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. The company was formerly known as Stria Capital Inc and changed its name to Stria Lithium Inc in April 2014. Stria Lithium Inc is headquartered in Kingston, Canada.

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