E3 Lithium (CVE:ETL) Sets New 1-Year Low – Time to Sell?

E3 Lithium Limited (CVE:ETLGet Free Report) hit a new 52-week low during trading on Thursday . The stock traded as low as C$0.88 and last traded at C$0.91, with a volume of 141791 shares. The stock had previously closed at C$0.90.

E3 Lithium Stock Performance

The company has a current ratio of 31.63, a quick ratio of 3.82 and a debt-to-equity ratio of 1.07. The firm’s fifty day moving average is C$0.99 and its 200 day moving average is C$1.12. The company has a market cap of C$68.50 million, a PE ratio of -7.58 and a beta of 0.69.

About E3 Lithium

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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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