Stria Lithium (CVE:SRA) Trading 20% Higher – Should You Buy?

by · The Cerbat Gem

Stria Lithium Inc. (CVE:SRAGet Free Report) shares were up 20% during mid-day trading on Tuesday . The stock traded as high as C$0.15 and last traded at C$0.12. Approximately 274,250 shares traded hands during mid-day trading, an increase of 377% from the average daily volume of 57,515 shares. The stock had previously closed at C$0.10.

Stria Lithium Stock Performance

The stock has a market capitalization of C$2.98 million, a price-to-earnings ratio of -2.12 and a beta of 1.40. The business has a fifty day simple moving average of C$0.06 and a 200 day simple moving average of C$0.07.

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.

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