Insider Buying: Standard Lithium Ltd (TSE:SLI) Senior Officer Acquires C$49,000.00 in Stock

Standard Lithium Ltd (TSE:SLI) Senior Officer Michael Barman bought 25,000 shares of the firm’s stock in a transaction on Thursday, June 13th. The shares were bought at an average cost of C$1.96 per share, with a total value of C$49,000.00.

Michael Barman also recently made the following trade(s):

• On Friday, May 17th, Michael Barman acquired 5,000 shares of Standard Lithium stock. The stock was purchased at an average price of C$2.42 per share, with a total value of C$12,100.00.

Standard Lithium Price Performance

Analyst Ratings Changes

A number of research firms have weighed in on SLI. Stifel Nicolaus cut their target price on shares of Standard Lithium from C$9.00 to C$5.00 and set a “buy” rating for the company in a research report on Tuesday, May 21st. BMO Capital Markets boosted their price objective on Standard Lithium from C$3.75 to C$4.75 in a research report on Tuesday, May 14th.

Standard Lithium Company Profile

Standard Lithium is an innovative technology and lithium development company. The company’s flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations. The Company has commissioned its first-of-a-kind industrial scale Direct Lithium Extraction Demonstration Plant at LANXESS’ South Plant facility in southern Arkansas.