Jason Doornbos Acquires 11,510 Shares of E3 Lithium (CVE:ETL) Stock

E3 Lithium Limited (CVE:ETL) insider Jason Doornbos purchased 11,510 shares of E3 Lithium stock in a transaction that occurred on Wednesday, March 11th. The stock was purchased at an average price of C$1.15 per share, with a total value of C$13,236.50. Following the completion of the purchase, the insider directly owned 90,989 shares in the company, valued at C$104,637.35. This trade represents a 14.48% increase in their ownership of the stock.

E3 Lithium Stock Performance

Shares of CVE ETL opened at C$1.11 on Friday. The company has a debt-to-equity ratio of 1.92, a current ratio of 3.93 and a quick ratio of 3.82. The firm has a market cap of C$96.37 million, a price-to-earnings ratio of -8.54 and a beta of 0.04. The stock’s fifty day moving average price is C$1.14 and its two-hundred day moving average price is C$1.12. E3 Lithium Limited has a one year low of C$0.50 and a one year high of C$1.83.

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.