E3 Lithium (CVE:ETL) Shares Down 1.4% - What's Next?

Key Points

• E3 Lithium Limited's stock price fell by 1.4% on Wednesday, closing at C$1.41 after trading as low as C$1.41 during the day.
• The company has a market capitalization of C$89.04 million with a PE ratio of -8.43 and reported a significant decline in share trading volume.
• E3 Lithium is engaged in the development and extraction of lithium properties in Alberta, Canada, and rebranded from E3 Metals Corp. in July 2022.

E3 Lithium Limited (CVE:ETL - )'s stock price dropped 1.4% on Wednesday . The stock traded as low as C$1.41 and last traded at C$1.41. Approximately 104,867 shares were traded during trading, a decline of 7% from the average daily volume of 112,611 shares. The stock had previously closed at C$1.43.

E3 Lithium Stock Down 16.3%

The company has a fifty day moving average of C$1.41 and a two-hundred day moving average of C$1.03. The company has a market cap of C$89.04 million, a PE ratio of -8.43 and a beta of 0.94. The company has a debt-to-equity ratio of 1.05, a quick ratio of 3.82 and a current ratio of 12.10.

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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