E3 Lithium (CVE:ETL) Reaches New 1-Year Low – Here’s Why

E3 Lithium Limited (CVE:ETLGet Free Report) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.69 and last traded at C$0.68, with a volume of 99575 shares trading hands. The stock had previously closed at C$0.72.

E3 Lithium Stock Down 5.6 %

The company has a quick ratio of 3.82, a current ratio of 12.10 and a debt-to-equity ratio of 1.05. The firm’s 50-day moving average price is C$0.80 and its 200 day moving average price is C$0.96. The firm has a market cap of C$51.18 million, a P/E ratio of -5.37 and a beta of 0.69.

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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