Stria Lithium (CVE:SRA) Stock Price Down 21.1% – What’s Next?

Stria Lithium Inc. (CVE:SRA – Get Free Report) shares were down 21.1% during mid-day trading on Monday . The stock traded as low as C$0.56 and last traded at C$0.56. Approximately 195,448 shares were traded during trading, an increase of 214% from the average daily volume of 62,248 shares. The stock had previously closed at C$0.71.

Stria Lithium Price Performance

The firm has a market cap of C$22.07 million, a PE ratio of -3.69 and a beta of 1.66. The business’s 50 day moving average price is C$0.44 and its 200 day moving average price is C$0.30.

About Stria Lithium

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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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