Stria Lithium (CVE:SRA) Stock Price Passes Below 50-Day Moving Average – Here’s What Happened

Stria Lithium Inc. (CVE:SRA)’s stock price passed 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 trading hands.

Stria Lithium Stock Performance

The company has a debt-to-equity ratio of 0.34, a current ratio of 21.72 and a quick ratio of 5.22. The stock has a fifty day moving average price of C$0.08 and a two-hundred day moving average price of C$0.09. The company has a market cap of C$1.68 million, a P/E ratio of -1.08 and a beta of 1.40.

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.