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E3 Lithium (CVE:ETL) Trading Up 22.7% - Should You Buy?

E3 Lithium logo with Basic Materials background

E3 Lithium Limited (CVE:ETL - Get Free Report) shares shot up 22.7% during trading on Wednesday . The stock traded as high as C$1.57 and last traded at C$1.57. 354,555 shares changed hands during trading, an increase of 242% from the average session volume of 103,658 shares. The stock had previously closed at C$1.28.

E3 Lithium Price Performance

The firm has a fifty day simple moving average of C$0.85 and a 200 day simple moving average of C$0.82. The company has a market capitalization of C$107.64 million, a PE ratio of -11.28 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.

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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