E3 Lithium (CVE:ETL) Stock Price Down 1.7% – Here’s Why

E3 Lithium Limited (CVE:ETLGet Free Report)’s share price was down 1.7% on Wednesday . The company traded as low as C$1.10 and last traded at C$1.13. Approximately 89,029 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 140,227 shares. The stock had previously closed at C$1.15.

E3 Lithium Stock Performance

The company has a debt-to-equity ratio of 1.32, a quick ratio of 3.82 and a current ratio of 2.03. The firm has a market capitalization of C$96.45 million, a PE ratio of -15.71 and a beta of 0.19. The firm’s 50 day moving average price is C$1.22 and its 200-day moving average price is C$1.13.

About E3 Lithium

(Get Free Report)

E3 Lithium Limited engages in the development and extraction of lithium properties in Alberta. The company was formerly known as E3 Metals Corp. and changed its name to E3 Lithium Limited in July 2022. E3 Lithium Limited is headquartered in Calgary, Canada.

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