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Stifel Nicolaus Maintains a Buy Rating on Standard Lithium Ltd (SLI)

In a latest note to investors, a research analyst has provided a rating update for the Standard Lithium Ltd (SLIResearch Report). Today, an analyst has provided a rating update for the NA sector company, Standard Lithium Ltd (TSXV: SLI).

According to TipRanks.com, McGill has 0 stars on 0-5 stars ranking scale with an average return of -12.6% and a 30.0% success rate. McGill covers the Basic Materials sector, focusing on stocks such as Lithium Americas (Argentina) Corp., Lithium Americas Corp., and Critical Elements.

Standard Lithium Ltd has an analyst consensus of Strong Buy, with a price target consensus of C$8.76.

Standard Lithium Ltd’s market cap is currently C$494.4M and has a P/E ratio of -9.77.

Standard Lithium Corp is engaged in the exploration and development of lithium brine properties in the United States. The Company is focused on the exploration and development of the Arkansas Lithium Project is located in south-central Arkansas. Its other projects comprise of Lanxess Project, Tetra project, and Bristol Dry Lake Project.

The company’s shares closed last Monday at C$2.86, close to its 52-week low of C$2.79.

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