SLI - Standard Lithium Ltd. Looks to Continue to Trade Above its Annual-High Share Price Today
Shares of Standard Lithium Ltd. (NYSE American:SLI) traded at a new 52-week high today of $9.09. This new high was reached on above average trading volume as 1.7 million shares traded hands, while the average 30-day volume is approximately 1.1 million shares.
Standard Lithium Corp is engaged in the exploration and development of lithium brine properties in the United States. The Company is focused on the exploration and development of the Arkansas Lithium Project is located in south-central Arkansas. Its other projects comprise of Lanxess Project, Tetra project, and Bristol Dry Lake Project.
Based on a current price of $8.43, Standard Lithium Ltd. is currently 50.2% above its average consensus analyst price target of $4.20.
Over the past year, Standard Lithium Ltd. has traded in a range of $0.79 to $9.09 and is now at $8.43, 970% above that low.
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