Shares of E3 Lithium Limited (CVE:ETL - Get Free Report) rose 50% on Monday . The stock traded as high as C$0.93 and last traded at C$0.93. Approximately 554,532 shares traded hands during trading, an increase of 498% from the average daily volume of 92,759 shares. The stock had previously closed at C$0.62.
E3 Lithium Price Performance
The stock has a market capitalization of C$65.48 million, a price-to-earnings ratio of -6.86 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 simple moving average of C$0.69 and a two-hundred day simple moving average of C$0.84.
E3 Lithium Company Profile
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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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