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E3 Lithium (CVE:ETL) Trading Up 18.8% - Time to Buy?

E3 Lithium logo with Basic Materials background

E3 Lithium Limited (CVE:ETL - Get Free Report) was up 18.8% during mid-day trading on Wednesday . The company traded as high as C$1.53 and last traded at C$1.52. Approximately 327,991 shares traded hands during mid-day trading, an increase of 216% from the average daily volume of 103,658 shares. The stock had previously closed at C$1.28.

E3 Lithium Stock Up 21.1%

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 stock 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 fifty day simple moving average is C$0.81 and its 200-day simple moving average is 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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