E3 Lithium (CVE:ETL) Stock Price Down 22% – Time to Sell?

E3 Lithium Limited (CVE:ETLGet Free Report)’s stock price fell 22% on Thursday . The stock traded as low as C$0.73 and last traded at C$0.78. 1,695,940 shares traded hands during trading, an increase of 1,160% from the average session volume of 134,569 shares. The stock had previously closed at C$1.00.

E3 Lithium Trading Down 21.0%

The stock has a market capitalization of C$69.47 million, a PE ratio of -11.29 and a beta of 0.69. The company has a current ratio of 1.59, a quick ratio of 3.82 and a debt-to-equity ratio of 1.28. The business’s 50-day moving average is C$1.06 and its two-hundred day moving average is C$1.14.

About E3 Lithium

(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.

Further Reading

Receive News & Ratings for E3 Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E3 Lithium and related companies with MarketBeat.com's FREE daily email newsletter.