Stria Lithium (CVE:SRA) Stock Crosses Below 50 Day Moving Average – Should You Sell?
by Mitch Edgeman · The Markets DailyStria Lithium Inc. (CVE:SRA – Get Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.08 and traded as low as C$0.07. Stria Lithium shares last traded at C$0.07, with a volume of 10,000 shares changing hands.
Stria Lithium Stock Performance
The company has a market cap of C$1.94 million, a P/E ratio of -1.25 and a beta of 1.40. The company’s 50-day moving average is C$0.08 and its two-hundred day moving average is C$0.09. The company has a quick ratio of 5.22, a current ratio of 21.72 and a debt-to-equity ratio of 0.34.
About Stria Lithium
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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