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E3 Lithium (CVE:ETL) Trading Up 25.8% - Here's Why

E3 Lithium logo with Basic Materials background

Shares of E3 Lithium Limited (CVE:ETL - Get Free Report) were up 25.8% during mid-day trading on Monday . The stock traded as high as C$0.81 and last traded at C$0.78. Approximately 446,094 shares traded 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 Trading Up 2.2%

The firm's fifty day moving average is C$0.69 and its 200-day moving average is C$0.84. The firm has a market cap of C$70.00 million, a price-to-earnings ratio of -7.34 and a beta of 0.69. The company has a debt-to-equity ratio of 1.05, a current ratio of 12.10 and a quick ratio of 3.82.

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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