Shares of E3 Lithium Limited (CVE:ETL – Get Free Report) fell 3.5% during trading on Thursday . The company traded as low as C$1.09 and last traded at C$1.09. Approximately 134,818 shares traded hands during trading, a decline of 3% from the average daily volume of 139,463 shares. The stock had previously closed at C$1.13.
E3 Lithium Trading Down 3.5%
The business’s 50 day moving average price is C$1.18 and its two-hundred day moving average price is C$1.15. The company has a debt-to-equity ratio of 1.32, a quick ratio of 3.82 and a current ratio of 2.03. The company has a market capitalization of C$95.57 million, a price-to-earnings ratio of -15.57 and a beta of 0.19.
About E3 Lithium
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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