How to Buy Standard Lithium Stock
Standard Lithium Ltd
Standard Lithium is a mining company located in British Columbia, Canada, which is part of the Basic Materials sector, and is traded under the ticker SLI on the NYSEMKT exchange.
Standard Lithium stock last closed at $1.12, down 2.61% from the previous day, and has decreased 71.57% in one year. It has underperformed other stocks in the Other Industrial Metals & Mining industry by 0.44 percentage points. Standard Lithium stock is currently +1.82% from its 52-week low of $1.10, and -76.91% from its 52-week high of $4.85.
As of Apr 15, 2024, there are 173.11M SLI shares outstanding. The market cap of SLI is $193.88M. In the past 24 hours, 1.19M SLI shares were traded.
How to Buy Standard Lithium Stock
Not sure how to invest in Standard Lithium stock? Here's how.
- Choose where to buy Standard Lithium stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Standard Lithium stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Select your payment method and add your info.
- Analyze Standard Lithium stock: The Standard Lithium ticker symbol is SLI. Is Standard Lithium stock a good investment? Should you buy shares of SLI? How do SLI's underlying business fundamentals look? Do top analysts think Standard Lithium is a good buy? Why has SLI's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if SLI is a good stock to buy).
- Place your SLI purchase: Decide if you will purchase SLI shares at the current market price or use a limit order to buy SLI shares at a given price.
- Get key alerts regarding your SLI position: Create a watchlist to get live updates on your position in Standard Lithium stock.
Step 1: Choose where to buy Standard Lithium stock
You will need an online brokerage account in order to access the NYSEMKT market and buy SLI shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal information so you are able to invest in SLI today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new brokerage account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on the best investment app, you need to deposit funds:
Check out this video walkthrough for more details depositing money into your brokerage account.
Step 4: Analyze Standard Lithium stock
Once you have chosen the best place to buy Standard Lithium stock, it's crucial to research their stock prior to buying, so you actually comprehend the risk and opportunity.
Standard Lithium Numbers
Standard Lithium Due Diligence Checks
WallStreetZen was created to help average investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on SLI's stock page.
How is SLI stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SLI's intrinsic value.
Using relative valuations methods:
- SLI could be undervalued based on its P/B ratio of 1.75x, relative to Other Industrial Metals & Mining industry P/B ratio of 2.22x
You can access additional valuation research on SLI's stock here.
SLI Financial Health Overview
Signs that SLI is financially healthy:
- There are more short-term assets than short-term liabilities on the SLI balance sheet.
- SLI has a low debt to equity ratio of 0.08.
- There are more short-term assets than long-term liabilities on the SLI balance sheet.
Signs that SLI is not financially healthy:
- SLI has cash burn of 75191441. It does not have enough cash and short-term investments to cover this.
- SLI has $11.81M in cash and short term investments. This is not enough to cover its annual cash burn of $75.19M.
SLI Technicals
Who is buying/selling SLI?
Over the past year, insiders at SLI have not bought or sold any shares.
Research more about who owns SLI stock here.
Can I get consistent income from SLI stock?
No, Standard Lithium doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your SLI purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact price, use a limit order.
Click the Open Trade button and eToro will execute your order.
If you want more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your SLI position
Now that you own some SLI shares, you'll want to stay up-to-date on your new stock purchase.
Create a watchlist to get notified of important updates regarding your SLI stock.
SLI Feed
How to Buy Stock in Standard Lithium
To reiterate, here are the 6 steps to buy Standard Lithium stock:
- Choose where to buy Standard Lithium stock
- Sign up for your brokerage account
- Deposit money your investment account
- Analyze Standard Lithium stock
- Place your SLI purchase
- Get key alerts regarding your SLI position
If you are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Standard Lithium, create a watchlist today.
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