E3 Lithium (CVE:ETL) Reaches New 1-Year Low – What’s Next?

Shares of E3 Lithium Limited (CVE:ETLGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.93 and last traded at C$0.94, with a volume of 74294 shares changing hands. The stock had previously closed at C$0.96.

E3 Lithium Price Performance

The company has a market capitalization of C$72.26 million, a price-to-earnings ratio of -8.00 and a beta of 0.69. 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 50-day moving average price is C$1.16 and its 200 day moving average price is C$1.33.

E3 Lithium (CVE:ETLGet Free Report) last released its quarterly earnings data on Thursday, August 29th. The company reported C($0.03) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C($0.03). On average, sell-side analysts forecast that E3 Lithium Limited will post -0.1 EPS for the current fiscal year.

About E3 Lithium

(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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