Standard Lithium Ltd. (NYSEAMERICAN:SLI) is one of the Best Mining Stocks to Buy According to Hedge Funds. On September 4, Raymond James lifted the price objective on the company’s stock to $4.00 from $2.75, while maintaining an “Outperform” rating. The firm believes that the increasing maturation of Standard Lithium Ltd. (NYSEAMERICAN:SLI)’s projects as well as model adjustments are the key factors responsible for the increased valuation. Notably, the firm sees the company as a leader in Direct Lithium Extraction (DLE) with an emphasis towards advancing its portfolio of lithium-brine projects in the US.Raymond James Lifts PT on Standard Lithium (SLI) Stock

Standard Lithium Ltd. (NYSEAMERICAN:SLI)’s cash and working capital came in at $33.8 million and $30.6 million, respectively, as of June 30, 2025. The company has no term or revolving debt obligations. Smackover Lithium, which is a JV between Standard Lithium Ltd. (NYSEAMERICAN:SLI) and Equinor, announced the positive results of a Definitive Feasibility Study for its South West Arkansas project. Talking about highlights, the first production has been targeted for 2028, with the projected initial production capacity of 22,500 tonnes per annum of battery-quality lithium carbonate for the project. While we acknowledge the potential of SLI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey.

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