E3 Lithium (CVE:ETL) Shares Down 2.5% – Should You Sell?

E3 Lithium Limited (CVE:ETLGet Free Report)’s stock price traded down 2.5% on Monday . The stock traded as low as C$1.14 and last traded at C$1.15. 317,314 shares were traded during mid-day trading, an increase of 86% from the average session volume of 170,356 shares. The stock had previously closed at C$1.18.

E3 Lithium Price Performance

The company has a debt-to-equity ratio of 1.92, a quick ratio of 3.82 and a current ratio of 3.93. The company has a market capitalization of C$99.85 million, a price-to-earnings ratio of -8.85 and a beta of 0.04. The company has a 50-day moving average price of C$1.14 and a 200-day moving average price of C$1.12.

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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