E3 Lithium Limited (CVE:ETL – Get Free Report)’s stock price dropped 2.8% during trading on Friday . The stock traded as low as C$1.02 and last traded at C$1.04. 99,169 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 127,930 shares. The stock had previously closed at C$1.07.
E3 Lithium Stock Performance
The company has a debt-to-equity ratio of 1.28, a current ratio of 1.59 and a quick ratio of 3.82. The company has a market cap of C$91.19 million, a price-to-earnings ratio of -14.86 and a beta of 0.15. The stock has a 50-day moving average price of C$1.09 and a 200 day moving average price of C$1.14.
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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