E3 Lithium (CVE:ETL) Trading Up 21.1% – Should You Buy?

Shares of E3 Lithium Limited (CVE:ETLGet Free Report) were up 21.1% during trading on Thursday . The stock traded as high as C$1.64 and last traded at C$1.55. Approximately 809,715 shares were traded during trading, an increase of 654% from the average daily volume of 107,436 shares. The stock had previously closed at C$1.28.

E3 Lithium Stock Performance

The firm’s 50 day moving average price is C$0.85 and its 200-day moving average price is C$0.82. The firm has a market cap of C$107.64 million, a price-to-earnings ratio of -11.28 and a beta of 0.69. The company has a debt-to-equity ratio of 1.05, a current ratio of 12.10 and a quick ratio of 3.82.

About E3 Lithium

(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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