E3 Metals (CVE:ETMC) Stock Price Up 1.3% – Here’s Why

E3 Metals Corp. (CVE:ETMCGet Free Report) rose 1.3% during mid-day trading on Wednesday . The company traded as high as C$2.40 and last traded at C$2.35. Approximately 58,043 shares were traded 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 stock’s 50-day simple moving average is C$2.35 and its 200-day simple moving average is C$2.35. The stock has a market cap of C$135.74 million and a price-to-earnings ratio of -27.65. The company has a current ratio of 21.48, a quick ratio of 21.18 and a debt-to-equity ratio of 1.89.

About E3 Metals

(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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