Standard Lithium Ltd (TSE:SLI – Get Free Report) Director Robert Melvin Douglas Cross sold 25,000 shares of the stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of C$1.73, for a total transaction of C$43,250.00.
Standard Lithium Stock Performance
Analysts Set New Price Targets
A number of brokerages recently weighed in on SLI. Stifel Nicolaus reduced their price target on shares of Standard Lithium from C$9.00 to C$5.00 and set a “buy” rating for the company in a research report on Tuesday, May 21st. BMO Capital Markets lifted their price objective on shares of Standard Lithium from C$3.75 to C$4.75 in a research note on Tuesday, May 14th.
About Standard Lithium
Standard Lithium is an innovative technology and lithium development company. The company’s flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations. The Company has commissioned its first-of-a-kind industrial scale Direct Lithium Extraction Demonstration Plant at LANXESS’ South Plant facility in southern Arkansas.
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