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E3 Lithium (CVE:ETL) Trading Up 50% - Time to Buy?

E3 Lithium logo with Basic Materials background

Shares of E3 Lithium Limited (CVE:ETL - Get Free Report) were up 50% during trading on Tuesday . The stock traded as high as C$0.93 and last traded at C$0.93. Approximately 554,532 shares were traded during mid-day 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 firm's fifty day moving average price is C$0.69 and its 200 day moving average price is C$0.84. The firm has a market capitalization of C$68.50 million, a PE ratio of -7.18 and a beta of 0.69. 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

(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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Should You Invest $1,000 in E3 Lithium Right Now?

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