E3 Lithium (CVE:ETL) Trading Up 1% – Here’s Why

E3 Lithium Limited (CVE:ETL)’s stock price traded up 1% on Thursday . The company traded as high as C$1.05 and last traded at C$1.04. Approximately 64,930 shares traded hands during trading, a decline of 52% from the average daily volume of 133,877 shares. The stock had previously closed at C$1.03.

E3 Lithium Stock Up 1.0%

The stock’s 50-day moving average price is C$1.13 and its 200-day moving average price is C$1.16. The company has a current ratio of 2.03, a quick ratio of 3.82 and a debt-to-equity ratio of 1.32. The stock has a market cap of C$91.19 million, a price-to-earnings ratio of -14.86 and a beta of 0.15.

E3 Lithium Company Profile

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.