E3 Lithium Limited (CVE:ETL – Get Free Report) shares were up 50% during mid-day trading on Tuesday . The stock traded as high as C$0.93 and last traded at C$0.93. Approximately 554,532 shares traded hands during trading, an increase of 498% from the average daily volume of 92,759 shares. The stock had previously closed at C$0.62.
E3 Lithium Stock Performance
The company has a debt-to-equity ratio of 1.05, a quick ratio of 3.82 and a current ratio of 12.10. The firm’s 50 day simple moving average is C$0.68 and its 200-day simple moving average is C$0.84. The company has a market cap of C$70.00 million, a price-to-earnings ratio of -7.34 and a beta of 0.69.
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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