E3 Lithium (CVE:ETL) Trading Down 0.5% – Here’s Why

E3 Lithium Limited (CVE:ETLGet Free Report) shares dropped 0.5% during trading on Tuesday . The stock traded as low as C$0.95 and last traded at C$0.98. Approximately 133,375 shares traded hands during trading, an increase of 36% from the average daily volume of 97,957 shares. The stock had previously closed at C$0.98.

E3 Lithium Stock Performance

The company has a debt-to-equity ratio of 1.07, a current ratio of 31.63 and a quick ratio of 3.82. The company has a market cap of C$73.39 million, a PE ratio of -8.13 and a beta of 0.69. The stock has a 50 day simple moving average of C$0.99 and a two-hundred day simple moving average of C$1.13.

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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