Shares of E3 Lithium Limited (CVE:ETL - Get Free Report) shot up 50% during mid-day trading on Tuesday . The stock traded as high as C$0.93 and last traded at C$0.93. 554,532 shares changed hands during mid-day 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 firm has a market cap of C$65.48 million, a P/E ratio of -6.86 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. The business's 50-day simple moving average is C$0.69 and its 200 day simple moving average is C$0.84.
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.
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