E3 Lithium (CVE:ETL) Stock Price Down 2.8% – Here’s Why

E3 Lithium Limited (CVE:ETLGet Free Report) shares dropped 2.8% on Friday . The stock traded as low as C$1.02 and last traded at C$1.04. 99,169 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 127,930 shares. The stock had previously closed at C$1.07.

E3 Lithium Stock Performance

The firm has a fifty day moving average price of C$1.09 and a 200 day moving average price of C$1.14. 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 stock has a market cap of C$91.45 million, a PE ratio of -14.86 and a beta of 0.15.

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.

Further Reading

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