E3 Lithium (CVE:ETL) Hits New 12-Month Low – What’s Next?

E3 Lithium Limited (CVE:ETL – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as C$0.73 and last traded at C$0.74, with a volume of 282253 shares trading hands. The stock had previously closed at C$0.76.

E3 Lithium Stock Down 3.3%

The company has a market capitalization of C$64.65 million, a PE ratio of -10.50 and a beta of 0.69. The company’s fifty day moving average is C$1.00 and its 200-day moving average is C$1.11. The company has a debt-to-equity ratio of 1.28, a quick ratio of 3.82 and a current ratio of 1.59.

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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