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E3 Lithium (CVE:ETL) Shares Up 21.1% - Should You Buy?

E3 Lithium logo with Basic Materials background

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

E3 Lithium Trading Up 0.7%

The firm has a market capitalization of C$107.64 million, a PE ratio of -11.28 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's fifty day moving average price is C$0.85 and its 200 day moving average price is C$0.82.

About E3 Lithium

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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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