E3 Lithium (CVE:ETL) Shares Down 1.2% - Here's Why

E3 Lithium Limited (CVE:ETL - Get Free Report) dropped 1.2% on Thursday . The stock traded as low as C$0.80 and last traded at C$0.81. Approximately 29,185 shares changed hands during trading, a decline of 70% from the average daily volume of 98,828 shares. The stock had previously closed at C$0.82.

E3 Lithium Stock Down 1.2%

The company has a market cap of C$60.97 million, a PE ratio of -6.39 and a beta of 0.69. The company has a debt-to-equity ratio of 1.05, a quick ratio of 3.82 and a current ratio of 12.10. The company has a fifty day moving average of C$0.71 and a two-hundred day moving average of C$0.81.

E3 Lithium Company Profile

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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