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

E3 Lithium Limited (CVE:ETLGet Free Report)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as C$0.81 and last traded at C$0.82, with a volume of 66538 shares. The stock had previously closed at C$0.84.

E3 Lithium Trading Down 2.4 %

The company has a quick ratio of 3.82, a current ratio of 12.10 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of C$61.72 million, a P/E ratio of -6.47 and a beta of 0.69. The company has a fifty day simple moving average of C$0.93 and a two-hundred day simple moving average of C$1.08.

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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