E3 Lithium (ETL) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: C$1.18 to C$1.23
• 50-Day Range: C$1.03 to C$1.55
• 52-Week Range: C$0.92 to C$3.26
• Volume: 62,985 shs
• Average Volume: 125,690 shs
• Market Capitalization: C$90.32 million
• P/E Ratio: N/A
• Dividend Yield: 14.38%
• Price Target: C$5.70
• Consensus Rating: Buy

E3 Lithium Stock Analysis - MarketRank™

E3 Lithium scored higher than 40% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

E3 Lithium has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

E3 Lithium has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of E3 Lithium is -10.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of E3 Lithium is -10.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

E3 Lithium has a P/B Ratio of 1.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ETL.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

E3 Lithium is a leading dividend payer. It pays a dividend yield of 14.38%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

E3 Lithium does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ETL.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.33

News Sentiment

E3 Lithium has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for E3 Lithium this week, compared to 0 articles on an average week.

Search Interest

1 people have searched for ETL on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, E3 Lithium insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.89% of the stock of E3 Lithium is held by insiders.

Percentage Held by Institutions

Only 0.30% of the stock of E3 Lithium is held by institutions.

ETL Stock Analysis - Frequently Asked Questions

How have ETL shares performed this year?

E3 Lithium's stock was trading at C$2.21 at the start of the year. Since then, ETL stock has decreased by 45.7% and is now trading at C$1.20.
View the best growth stocks for 2024 here.

How were E3 Lithium's earnings last quarter?

E3 Lithium Limited (CVE:ETL) released its quarterly earnings data on Thursday, August, 29th. The company reported ($0.03) EPS for the quarter, meeting analysts' consensus estimates of ($0.03).

How do I buy shares of E3 Lithium?

Shares of ETL stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of E3 Lithium own?

Based on aggregate information from My MarketBeat watchlists, some other companies that E3 Lithium investors own include Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Halliburton (HAL), Vermilion Energy (VET), B2Gold (BTO) and CoStar Group (CSGP).

Company Calendar

• Last Earnings: 8/29/2024
• Today: 10/21/2024
• Next Earnings (Estimated): 11/25/2024

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• Current Symbol: CVE:ETL
• CUSIP: N/A
• CIK: N/A
• Web: www.e3lithium.ca
• Phone: 587-324-2775
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$5.70
• High Stock Price Target: C$5.70
• Low Stock Price Target: C$5.70
• Potential Upside/Downside: +379.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.12)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-9,400,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -20.47%
• Return on Assets: -13.51%

Debt

• Debt-to-Equity Ratio: 1.07
• Current Ratio: 31.63
• Quick Ratio: 3.82

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.15 per share
• Price / Cash Flow: 7.86
• Book Value: C$0.72 per share
• Price / Book: 1.65

Miscellaneous

• Outstanding Shares: 75,270,000
• Free Float: N/A
• Market Cap: C$89.57 million
• Optionable: Not Optionable
• Beta: 0.69