E3 Metals (CVE:ETMC) Trading Up 1.3% – Still a Buy?

E3 Metals Corp. (CVE:ETMCGet Free Report) rose 1.3% on Monday . The stock traded as high as C$2.40 and last traded at C$2.35. Approximately 58,042 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 146,022 shares. The stock had previously closed at C$2.32.

E3 Metals Stock Performance

The company has a debt-to-equity ratio of 1.89, a quick ratio of 21.18 and a current ratio of 21.48. The company has a market cap of C$135.74 million and a P/E ratio of -27.65. The stock’s fifty day moving average price is C$2.35 and its two-hundred day moving average price is C$2.35.

E3 Metals Company Profile

(Get Free Report)

E3 Metals Corp., a resource company with mineral properties, focuses on technology development for lithium extraction from Alberta brines contained in its mineral properties. The company was incorporated in 1998 and is headquartered in Calgary, Canada.

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