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E3 Lithium (CVE:ETL) Trading 21.1% Higher - Time to Buy?

E3 Lithium logo with Basic Materials background

E3 Lithium Limited (CVE:ETL - Get Free Report) traded up 21.1% during mid-day trading on Wednesday . The stock traded as high as C$1.64 and last traded at C$1.55. 809,715 shares traded hands during mid-day trading, an increase of 654% from the average session volume of 107,421 shares. The stock had previously closed at C$1.28.

E3 Lithium Stock Down 3.5%

The company has a debt-to-equity ratio of 1.05, a current ratio of 12.10 and a quick ratio of 3.82. The company has a market cap of C$103.12 million, a price-to-earnings ratio of -10.81 and a beta of 0.69. The firm's 50 day simple moving average is C$0.83 and its 200-day simple moving average is C$0.82.

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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