E3 Lithium (CVE:ETL) Sets New 52-Week Low – Should You Sell?

Shares of E3 Lithium Limited (CVE:ETLGet Free Report) hit a new 52-week low on Thursday . The stock traded as low as C$0.91 and last traded at C$0.92, with a volume of 59692 shares changing hands. The stock had previously closed at C$0.95.

E3 Lithium Stock Down 3.2 %

The firm has a market capitalization of C$69.25 million, a PE ratio of -7.67 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 stock has a 50 day simple moving average of C$1.09 and a 200 day simple moving average of C$1.23.

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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