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E3 Lithium (CVE:ETL) Reaches New 1-Year Low - Should You Sell?

E3 Lithium logo with Basic Materials background

E3 Lithium Limited (CVE:ETL - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.91 and last traded at C$0.92, with a volume of 59692 shares changing hands. The stock had previously closed at C$0.95.

E3 Lithium Price Performance

The company has a 50 day moving average price of C$1.08 and a 200-day moving average price of C$1.23. The company has a quick ratio of 3.82, a current ratio of 31.63 and a debt-to-equity ratio of 1.07. The company has a market cap of C$69.62 million, a price-to-earnings ratio of -7.71 and a beta of 0.69.

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.

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