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E3 Lithium (CVE:ETL) Stock Price Down 9.7% - Should You Sell?

E3 Lithium logo with Basic Materials background

E3 Lithium Limited (CVE:ETL - Get Free Report) shares traded down 9.7% during mid-day trading on Thursday . The company traded as low as C$1.28 and last traded at C$1.40. 848,492 shares traded hands during trading, an increase of 655% from the average session volume of 112,352 shares. The stock had previously closed at C$1.55.

E3 Lithium Price 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 firm has a market cap of C$107.64 million, a P/E ratio of -11.28 and a beta of 0.69. The company has a fifty day moving average price of C$0.85 and a two-hundred day moving average price of C$0.82.

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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