Shares of Standard Lithium Ltd. (NYSE American:SLI) traded today at $12.92, eclipsing its 52-week high. So far today approximately 1.3 million shares have been exchanged, as compared to an average 30-day volume of 2.8 million shares.
Potential upside of 1.6% exists for Standard Lithium Ltd., based on a current level of $12.63 and analysts’ average consensus price target of $12.84.
In the past 52 weeks, Standard Lithium Ltd. share prices are bracketed by a low of $1.37 and a high of $12.92 and are now at $12.63, 822% above that low price.
Standard Lithium 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.
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