E3 Lithium (CVE:ETL) Hits New 52-Week Low – Here’s Why

E3 Lithium Limited (CVE:ETLGet Free Report)’s share price reached a new 52-week low on Friday . The stock traded as low as C$0.71 and last traded at C$0.73, with a volume of 55565 shares trading hands. The stock had previously closed at C$0.77.

E3 Lithium Stock Down 5.2 %

The stock has a market cap of C$54.95 million, a PE ratio of -5.76 and a beta of 0.69. The business has a fifty day moving average of C$0.82 and a 200-day moving average of C$0.98. The company has a debt-to-equity ratio of 1.05, a current ratio of 12.10 and a quick ratio of 3.82.

E3 Lithium Company Profile

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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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