E3 Lithium (CVE:ETL) Trading 22.3% Higher – Here’s What Happened

E3 Lithium Limited (CVE:ETLGet Free Report)’s stock price traded up 22.3% during trading on Friday . The stock traded as high as C$0.63 and last traded at C$0.63. 210,396 shares changed hands during trading, an increase of 142% from the average session volume of 87,009 shares. The stock had previously closed at C$0.52.

E3 Lithium Price Performance

The business has a 50-day simple moving average of C$0.68 and a two-hundred day simple moving average of C$0.85. The company has a quick ratio of 3.82, a current ratio of 12.10 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of C$46.67 million, a price-to-earnings ratio of -4.89 and a beta of 0.69.

E3 Lithium Company Profile

(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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