Stria Lithium (CVE:SRA) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Stria Lithium Inc. (CVE:SRAGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-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 11,000 shares trading hands.

Stria Lithium Trading Down 9.1 %

The company has a quick ratio of 5.22, a current ratio of 21.72 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of C$1.30 million, a price-to-earnings ratio of -0.83 and a beta of 1.40. The business has a 50-day moving average of C$0.06 and a two-hundred day moving average of C$0.07.

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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