Free Trial

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

E3 Lithium logo with Basic Materials background

E3 Lithium Limited (CVE:ETL - Get Free Report) shares were up 21.1% on Wednesday . The stock traded as high as C$1.64 and last traded at C$1.55. Approximately 809,715 shares were traded during mid-day trading, an increase of 654% from the average daily volume of 107,436 shares. The stock had previously closed at C$1.28.

E3 Lithium Trading Up 21.1%

The company has a fifty day moving average of C$0.81 and a two-hundred day moving average of C$0.82. 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 stock has a market capitalization of C$116.67 million, a price-to-earnings ratio of -12.23 and a beta of 0.69.

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

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

Featured Articles and Offers

Recent Videos

Time to Cash Out? 5 Stocks to Drop Before Earnings
Watch Before Monday: Stocks to Load Up on Before Earnings
3 Hot Growth Stocks to Watch Right Now!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines