Stria Lithium (CVE:SRA) Stock Crosses Below 50 Day Moving Average – Should You Sell?

by · The Markets Daily

Stria 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

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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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