Walleye Capital LLC Takes Position in Standard Lithium Ltd. $SLL

Walleye Capital LLC bought a new stake in shares of Standard Lithium Ltd. (CVE:SLL) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 522,962 shares of the company’s stock, valued at approximately $1,438,000. Walleye Capital LLC owned approximately 0.37% of Standard Lithium at the end of the most recent reporting period.

Standard Lithium Trading Up 16.4%

Shares of SLL stock opened at C$6.95 on Friday. The company has a market cap of C$975.46 million and a P/E ratio of -33.57. The stock has a 50 day simple moving average of C$6.95 and a two-hundred day simple moving average of C$6.95. The company has a debt-to-equity ratio of 6.45, a quick ratio of 20.26 and a current ratio of 20.48. Standard Lithium Ltd. has a fifty-two week low of C$1.02 and a fifty-two week high of C$6.95.

Standard Lithium Company Profile

Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. Its flagship project is the Lanxess project where it operates approximately 150,000 acres of brine leases located in south-western Arkansas. The company was formerly known as Patriot Petroleum Corp. and changed its name to Standard Lithium Ltd. in December 2016. Standard Lithium Ltd. was incorporated in 1998 and is headquartered in Vancouver, Canada.