E3 Lithium (CVE:ETL) Reaches New 52-Week Low – Here’s What Happened

E3 Lithium Limited (CVE:ETLGet Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.50 and last traded at C$0.56, with a volume of 90351 shares trading hands. The stock had previously closed at C$0.52.

E3 Lithium Trading Up 7.7%

The company has a debt-to-equity ratio of 1.05, a quick ratio of 3.82 and a current ratio of 12.10. The company has a market cap of C$42.15 million, a P/E ratio of -4.42 and a beta of 0.69. The business’s 50-day moving average price is C$0.70 and its 200 day moving average price is C$0.86.

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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