E3 Lithium (CVE:ETL) Trading Down 1.7% – What’s Next?

E3 Lithium Limited (CVE:ETLGet Free Report) fell 1.7% during trading on Wednesday . The stock traded as low as C$1.10 and last traded at C$1.13. Approximately 89,029 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 140,227 shares. The stock had previously closed at C$1.15.

E3 Lithium Stock Down 1.7%

The firm has a market capitalization of C$99.08 million, a P/E ratio of -16.14 and a beta of 0.19. The firm’s 50 day moving average is C$1.22 and its two-hundred day moving average is C$1.13. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.03 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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