Stria Lithium (CVE:SRA) Stock Price Down 18.3% – Time to Sell?
by Michael Walen · The Markets DailyStria Lithium Inc. (CVE:SRA – Get Free Report)’s share price traded down 18.3% during trading on Monday . The company traded as low as C$0.56 and last traded at C$0.58. 179,978 shares traded hands during mid-day trading, an increase of 195% from the average session volume of 61,061 shares. The stock had previously closed at C$0.71.
Stria Lithium Stock Down 21.1%
The stock has a market cap of C$22.07 million, a P/E ratio of -3.69 and a beta of 1.66. The firm’s fifty day moving average price is C$0.43 and its 200-day moving average price is C$0.29.
Stria Lithium Company Profile
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.