E3 Lithium (CVE:ETL) Reaches New 12-Month Low – What’s Next?

E3 Lithium Limited (CVE:ETLGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.91 and last traded at C$0.92, with a volume of 59692 shares changing hands. The stock had previously closed at C$0.95.

E3 Lithium Trading Up 1.6 %

The firm has a market cap of C$70.75 million, a price-to-earnings ratio of -7.83 and a beta of 0.69. The business has a 50 day moving average of C$1.07 and a 200 day moving average of C$1.22. The company has a quick ratio of 3.82, a current ratio of 31.63 and a debt-to-equity ratio of 1.07.

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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