Stria Lithium (CVE:SRA) Shares Down 19.7% – Time to Sell?

Stria Lithium Inc. (CVE:SRAGet Free Report)’s stock price was down 19.7% on Monday . The company traded as low as C$0.56 and last traded at C$0.57. Approximately 174,278 shares changed hands during mid-day trading, an increase of 241% from the average daily volume of 51,109 shares. The stock had previously closed at C$0.71.

Stria Lithium Stock Performance

The stock has a 50 day moving average of C$0.43 and a two-hundred day moving average of C$0.29. The firm has a market capitalization of C$22.07 million, a P/E ratio of -3.69 and a beta of 1.66.

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. The company was formerly known as Stria Capital Inc and changed its name to Stria Lithium Inc in April 2014. Stria Lithium Inc is headquartered in Kingston, Canada.

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