E3 Lithium (CVE:ETL) Trading 21.1% Higher - Here's Why

E3 Lithium Limited (CVE:ETL - Get Free Report)'s share price traded up 21.1% during mid-day trading on Wednesday . The company traded as high as C$1.64 and last traded at C$1.55. 809,715 shares changed hands during mid-day trading, an increase of 654% from the average session volume of 107,421 shares. The stock had previously closed at C$1.28.

E3 Lithium Trading Up 21.1%

The company has a market cap of C$116.67 million, a P/E ratio of -12.23 and a beta of 0.69. The stock's 50 day moving average is C$0.80 and its 200-day moving average is C$0.81. 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

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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