E3 Lithium Limited (CVE:ETL – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday. The stock traded as low as C$0.57 and last traded at C$0.57, with a volume of 157,848 shares traded. The stock had previously closed at C$0.60.
Wall Street Analysts Forecast Growth
Separately, ATB Cormark Capital Markets lowered their target price on E3 Lithium from C$4.00 to C$3.75 in a report on Wednesday, September 30th.
View Our Latest Stock Report on E3 Lithium
E3 Lithium Stock Down 6.7%
The firm has a market capitalization of C$49.26 million, a P/E ratio of -8.00 and a beta of 0.78. The firm’s 50-day moving average is C$0.80 and its 200 day moving average is C$1.07. The company has a debt-to-equity ratio of 1.28, a quick ratio of 3.82 and a current ratio of 1.59.
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.
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