E3 Lithium Limited (CVE:ETL - Get Free Report) shares traded up 2.6% on Friday . The company traded as high as C$1.23 and last traded at C$1.19. 258,744 shares were traded during mid-day trading, an increase of 105% from the average session volume of 126,384 shares. The stock had previously closed at C$1.16.
E3 Lithium Stock Performance
The company has a market cap of C$89.57 million, a price-to-earnings ratio of -9.92 and a beta of 0.69. The stock's fifty day simple moving average is C$1.24 and its two-hundred day simple moving average is C$1.42. The company has a debt-to-equity ratio of 1.07, a quick ratio of 3.82 and a current ratio of 31.63.
E3 Lithium (CVE:ETL - Get Free Report) last posted its earnings results on Thursday, August 29th. The company reported C($0.03) earnings per share for the quarter, meeting the consensus estimate of C($0.03). Equities research analysts anticipate that E3 Lithium Limited will post -0.1 EPS for the current year.
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider E3 Lithium, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and E3 Lithium wasn't on the list.
While E3 Lithium currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
