E3 Lithium (CVE:ETL) Shares Up 1% – Still a Buy?

E3 Lithium Limited (CVE:ETLGet Free Report)’s share price rose 1% during mid-day trading on Thursday . The company traded as high as C$1.05 and last traded at C$1.04. 64,930 shares changed hands during trading, a decline of 52% from the average daily volume of 133,877 shares. The stock had previously closed at C$1.03.

E3 Lithium Trading Up 1.0%

The firm’s 50-day moving average price is C$1.13 and its 200 day moving average price is C$1.16. The company has a market cap of C$91.19 million, a price-to-earnings ratio of -14.86 and a beta of 0.15. The company has a current ratio of 2.03, a quick ratio of 3.82 and a debt-to-equity ratio of 1.32.

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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