Raymond James Lifts PT on Standard Lithium (SLI) Stock

Core Viewpoint - Standard Lithium Ltd. (NYSEAMERICAN:SLI) is recognized as one of the best mining stocks to buy according to hedge funds, with a recent price target increase from $2.75 to $4.00 by Raymond James, reflecting confidence in the company's project maturation and valuation adjustments [1][2] Financial Performance - As of June 30, 2025, Standard Lithium reported cash and working capital of $33.8 million and $30.6 million, respectively, with no term or revolving debt obligations [2] Project Developments - The Smackover Lithium joint venture between Standard Lithium and Equinor announced positive results from a Definitive Feasibility Study for the South West Arkansas project, targeting first production in 2028 with an initial capacity of 22,500 tonnes per annum of battery-quality lithium carbonate [2] Market Position - Standard Lithium is viewed as a leader in Direct Lithium Extraction (DLE), focusing on advancing its portfolio of lithium-brine projects in the United States [1]