E3 Lithium Limited (CVE:ETL – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday. The stock traded as low as C$0.57 and last traded at C$0.58, with a volume of 134,145 shares traded. The stock had previously closed at C$0.63.
Wall Street Analyst Weigh In
Separately, ATB Cormark Capital Markets cut their target price on shares of E3 Lithium from C$4.00 to C$3.75 in a research note on Wednesday, September 30th.
View Our Latest Analysis on ETL
E3 Lithium Trading Up 4.3%
The company has a debt-to-equity ratio of 1.28, a quick ratio of 3.82 and a current ratio of 1.59. The firm has a market capitalization of C$53.22 million, a P/E ratio of -8.64 and a beta of 0.78. The firm has a 50 day moving average price of C$0.84 and a two-hundred day moving average price of C$1.05.
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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