E3 Lithium (CVE:ETL) Reaches New 52-Week Low – Here’s What Happened

Shares of E3 Lithium Limited (CVE:ETLGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as C$0.60 and last traded at C$0.61, with a volume of 21783 shares traded. The stock had previously closed at C$0.60.

E3 Lithium Price Performance

The stock has a 50-day simple moving average of C$0.73 and a 200 day simple moving average of C$0.89. 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 company has a market cap of C$45.16 million, a P/E ratio of -4.73 and a beta of 0.69.

About E3 Lithium

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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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