E3 Lithium (CVE:ETL) Stock Price Down 3.5% – What’s Next?

Shares of E3 Lithium Limited (CVE:ETLGet Free Report) dropped 3.5% during trading on Thursday . The company traded as low as C$1.09 and last traded at C$1.09. Approximately 134,818 shares were traded during trading, a decline of 3% from the average daily volume of 139,463 shares. The stock had previously closed at C$1.13.

E3 Lithium Price 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 company has a market capitalization of C$97.33 million, a P/E ratio of -15.86 and a beta of 0.19. The firm’s fifty day moving average is C$1.17 and its 200 day moving average is C$1.15.

E3 Lithium Company Profile

(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.

Further Reading

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