Shares of E3 Lithium Limited (CVE:ETL – Get Free Report) shot up 3% during mid-day trading on Tuesday . The company traded as high as C$1.74 and last traded at C$1.73. 48,303 shares changed hands during trading, a decline of 66% from the average session volume of 140,403 shares. The stock had previously closed at C$1.68.
E3 Lithium Price Performance
The company has a current ratio of 12.00, a quick ratio of 3.82 and a debt-to-equity ratio of 1.14. The stock has a market cap of C$129.87 million, a price-to-earnings ratio of -12.36 and a beta of 0.90. The stock has a 50-day moving average price of C$1.68 and a two-hundred day moving average price of C$2.01.
E3 Lithium (CVE:ETL – Get Free Report) last released its earnings results on Friday, April 26th. The company reported C($0.03) EPS for the quarter. As a group, equities research analysts forecast that E3 Lithium Limited will post -0.1 EPS for the current year.
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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