E3 Lithium (CVE:ETL) Trading Down 1.1% – What’s Next?

E3 Lithium Limited (CVE:ETLGet Free Report) was down 1.1% during mid-day trading on Thursday . The stock traded as low as C$0.84 and last traded at C$0.86. Approximately 56,882 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 88,193 shares. The stock had previously closed at C$0.87.

E3 Lithium Trading Down 2.3 %

The stock has a fifty day moving average of C$0.93 and a 200-day moving average of C$1.08. The company has a debt-to-equity ratio of 1.05, a quick ratio of 3.82 and a current ratio of 12.10. The company has a market cap of C$63.23 million, a PE ratio of -6.63 and a beta of 0.69.

E3 Lithium Company Profile

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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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