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

E3 Metals Corp. (CVE:ETMC) was up 1.3% during trading on Wednesday . The company traded as high as C$2.40 and last traded at C$2.35. 58,043 shares changed hands during 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 Trading Up 1.3%

The stock has a market capitalization of C$135.74 million and a P/E ratio of -27.65. The stock’s 50 day moving average price is C$2.35 and its 200-day moving average price is C$2.35. The company has a quick ratio of 21.18, a current ratio of 21.48 and a debt-to-equity ratio of 1.89.

About E3 Metals

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.