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E3 Lithium (CVE:ETL) Shares Up 50% - What's Next?

E3 Lithium logo with Basic Materials background

E3 Lithium Limited (CVE:ETL - Get Free Report) shot up 50% on Tuesday . The stock traded as high as C$0.93 and last traded at C$0.93. 554,532 shares traded hands during trading, an increase of 498% from the average session volume of 92,759 shares. The stock had previously closed at C$0.62.

E3 Lithium Stock Performance

The company has a current ratio of 12.10, a quick ratio of 3.82 and a debt-to-equity ratio of 1.05. 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's 50-day simple moving average is C$0.69 and its two-hundred day simple moving average is C$0.84.

E3 Lithium Company Profile

(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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