Are Smart Investors Making the Right Decision? Standard Lithium Ltd (SLI)

With 1.96 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.04 million shares. During the session, the Other Industrial Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $1.835 whereas the lowest price it dropped to was $1.7199. The 52-week range on SLI shows that it touched its highest point at $2.64 and its lowest point at $1.05 during that stretch. It currently has a 1-year price target of $3.36. Beta for the stock currently stands at 1.84.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SLI was up-trending over the past week, with a rise of 8.64%, but this was down by -19.27% over a month. Three-month performance surged to 38.58% while six-month performance rose 1.73%. The stock lost -23.14% in the past year, while it has lost -12.87% so far this year. A look at the trailing 12-month EPS for SLI yields 0.59 with Next year EPS estimates of -0.14. For the next quarter, that number is -0.03. This implies an EPS growth rate of -122.10% for this year and -4.87% for next year.

Float and Shares Shorts:

At present, 183.92 million SLI shares are outstanding with a float of 172.69 million shares on hand for trading. On 2024-10-31, short shares totaled 4.42 million, which was 240.0 higher than short shares on 1727654400. In addition to Dr. J. Andrew Robinson as the firm’s President, COO & Director, Mr. Robert Mintak serves as its Advisor.

Institutional Ownership:

Through their ownership of 0.092930004 of SLI’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, SLI reported revenue of $0.0 and operating income of -$5339000.0. The EBITDA in the recently reported quarter was -$4950000.0 and diluted EPS was -$0.03.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SLI since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SLI analysts setting a high price target of 5.036 and a low target of 5.036, the average target price over the next 12 months is 5.036. Based on these targets, SLI could surge 186.14% to reach the target high and rise by 186.14% to reach the target low. Reaching the average price target will result in a growth of 186.14% from current levels.

Analysts have provided yearly estimates in a range of -$0.14274 being high and -$0.30588 being low. For SLI, this leads to a yearly average estimate of -$0.2243.