E3 Lithium Limited (CVE:ETL – Get Free Report) reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as C$0.57 and last traded at C$0.57, with a volume of 73,126 shares. The stock had previously closed at C$0.59.
Analysts Set New Price Targets
Separately, ATB Cormark Capital Markets dropped their price target on E3 Lithium from C$4.00 to C$3.75 in a research report on Wednesday, September 30th.
Get Our Latest Report on E3 Lithium
E3 Lithium Trading Down 1.7%
The company has a debt-to-equity ratio of 1.28, a quick ratio of 3.82 and a current ratio of 1.59. The company’s 50-day moving average is C$0.72 and its 200-day moving average is C$1.04. The firm has a market cap of C$51.02 million, a price-to-earnings ratio of -8.29 and a beta of 0.65.
E3 Lithium Company Profile
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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