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

E3 Lithium logo with Basic Materials background

E3 Lithium Limited (CVE:ETL - Get Free Report)'s stock price was 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. Approximately 809,715 shares traded hands during mid-day trading, an increase of 654% from the average daily volume of 107,436 shares. The stock had previously closed at C$1.28.

E3 Lithium Stock Down 11.0%

The company has a quick ratio of 3.82, a current ratio of 12.10 and a debt-to-equity ratio of 1.05. The firm has a 50 day simple moving average of C$0.81 and a 200-day simple moving average of C$0.82. The stock has a market cap of C$103.87 million, a P/E ratio of -10.89 and a beta of 0.69.

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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