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E3 Lithium (CVE:ETL) Shares Up 25.8% - What's Next?

E3 Lithium logo with Basic Materials background

E3 Lithium Limited (CVE:ETL - Get Free Report) was up 25.8% on Monday . The stock traded as high as C$0.81 and last traded at C$0.78. Approximately 446,094 shares changed hands during mid-day trading, an increase of 387% from the average daily volume of 91,514 shares. The stock had previously closed at C$0.62.

E3 Lithium Stock Down 4.4%

The stock has a market capitalization of C$65.48 million, a PE ratio of -6.86 and a beta of 0.69. The firm has a 50 day moving average of C$0.69 and a two-hundred day moving average of C$0.84. The company has a current ratio of 12.10, a quick ratio of 3.82 and a debt-to-equity ratio of 1.05.

About E3 Lithium

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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.

Further Reading

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