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E3 Lithium (CVE:ETL) Stock Price Down 1.1% - Should You Sell?

E3 Lithium logo with Basic Materials background

E3 Lithium Limited (CVE:ETL - Get Free Report)'s stock price was down 1.1% on Thursday . The stock traded as low as C$0.84 and last traded at C$0.86. Approximately 56,882 shares traded hands during trading, a decline of 36% from the average daily volume of 88,193 shares. The stock had previously closed at C$0.87.

E3 Lithium Stock Performance

The firm has a market capitalization of C$63.23 million, a price-to-earnings ratio of -6.63 and a beta of 0.69. The company has a fifty day moving average of C$0.93 and a two-hundred day moving average of C$1.08. The company has a debt-to-equity ratio of 1.05, a quick ratio of 3.82 and a current ratio of 12.10.

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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