E3 Lithium (CVE:ETL) Stock Price Down 2.5% – Here’s What Happened

Shares of E3 Lithium Limited (CVE:ETLGet Free Report) traded down 2.5% during mid-day trading on Monday . The company traded as low as C$1.14 and last traded at C$1.15. 317,314 shares changed hands 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 Trading Down 2.5%

The firm’s fifty day moving average price is C$1.13 and its 200-day moving average price is C$1.13. The company has a market cap of C$99.85 million, a price-to-earnings ratio of -8.85 and a beta of 0.04. The company has a debt-to-equity ratio of 1.92, a current ratio of 3.93 and a quick ratio of 3.82.

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.

Further Reading

Receive News & Ratings for E3 Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E3 Lithium and related companies with MarketBeat.com's FREE daily email newsletter.