Standard Lithium (CVE:SLI) Insider James Andrew Charles Robinson Buys 15,000 Shares

Standard Lithium Ltd. (CVE:SLI) insider James Andrew Charles Robinson acquired 15,000 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were bought at an average price of C$4.91 per share, for a total transaction of C$73,650.00. Following the purchase, the insider directly owned 3,292,701 shares of the company’s stock, valued at approximately C$16,167,161.91. This trade represents a 0.46% increase in their ownership of the stock.

Standard Lithium Stock Performance

SLI opened at C$4.75 on Tuesday. The business has a 50 day moving average price of C$5.15 and a two-hundred day moving average price of C$5.85. The company has a debt-to-equity ratio of 0.06, a current ratio of 20.17 and a quick ratio of 25.41. The company has a market capitalization of C$1.16 billion, a price-to-earnings ratio of -20.65 and a beta of 1.54. Standard Lithium Ltd. has a 1-year low of C$2.25 and a 1-year high of C$8.99.

Analyst Upgrades and Downgrades

Separately, Evercore raised Standard Lithium to a “strong-buy” rating in a report on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Strong Buy”.

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.