Stria Lithium (CVE:SRA) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

Stria Lithium Inc. (CVE:SRAGet Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.07 and traded as low as C$0.05. Stria Lithium shares last traded at C$0.05, with a volume of 4,000 shares changing hands.

Stria Lithium Stock Performance

The firm’s fifty day moving average price is C$0.07 and its 200 day moving average price is C$0.07. The firm has a market cap of C$1.30 million, a P/E ratio of -0.83 and a beta of 1.40. The company has a debt-to-equity ratio of 0.34, a quick ratio of 5.22 and a current ratio of 21.72.

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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