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E3 Lithium (CVE:ETL) Trading 25.8% Higher - Here's Why

E3 Lithium logo with Basic Materials background

E3 Lithium Limited (CVE:ETL - Get Free Report) rose 25.8% on Monday . The stock traded as high as C$0.78 and last traded at C$0.78. Approximately 380,766 shares changed hands during mid-day trading, an increase of 319% from the average daily volume of 90,931 shares. The stock had previously closed at C$0.62.

E3 Lithium Price Performance

The company has a debt-to-equity ratio of 1.05, a current ratio of 12.10 and a quick ratio of 3.82. The company has a market cap of C$68.50 million, a PE ratio of -7.18 and a beta of 0.69. The company has a 50-day moving average price of C$0.69 and a two-hundred day moving average price of C$0.84.

E3 Lithium Company Profile

(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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