Free Trial

E3 Lithium (CVE:ETL) Stock Price Up 0.7% - Here's Why

E3 Lithium logo with Basic Materials background

Key Points

  • E3 Lithium Limited's stock rose 0.7% to C$1.40, with a trading volume of about 84,088 shares, which is a 26% decline from the average daily volume.
  • The company has a market capitalization of C$105.38 million, with a PE ratio of -11.05 and a strong liquidity position evidenced by a quick ratio of 3.82.
  • E3 Lithium Limited, previously known as E3 Metals Corp., focuses on the development and extraction of lithium properties in Alberta, Canada.
  • Want stock alerts on E3 Lithium? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

E3 Lithium Limited (CVE:ETL - Get Free Report)'s stock price was up 0.7% during trading on Thursday . The company traded as high as C$1.45 and last traded at C$1.40. Approximately 84,088 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 113,895 shares. The stock had previously closed at C$1.39.

E3 Lithium Stock Performance

The firm has a market capitalization of C$116.67 million, a price-to-earnings ratio of -12.23 and a beta of 0.69. The company has a quick ratio of 3.82, a current ratio of 12.10 and a debt-to-equity ratio of 1.05. The business has a 50-day moving average price of C$1.08 and a 200-day moving average price of C$0.87.

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.

See Also

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

Before you consider E3 Lithium, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and E3 Lithium wasn't on the list.

While E3 Lithium currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

$15 Billion for Cybersecurity: The Government’s Next Big Push
Tesla’s Future Unleashed: Elon’s Robotics Move Changes Everything
Top Trades: Massive Gains and Costly Mistakes to Avoid

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines