E3 Lithium Limited (CVE:ETL – Get Free Report) shares traded up 1.6% on Thursday . The stock traded as high as C$1.30 and last traded at C$1.28. 119,973 shares were traded during trading, a decline of 25% from the average session volume of 159,417 shares. The stock had previously closed at C$1.26.
E3 Lithium Stock Up 1.6%
The company has a debt-to-equity ratio of 1.35, a current ratio of 3.11 and a quick ratio of 3.82. The stock’s fifty day simple moving average is C$1.14 and its 200-day simple moving average is C$1.07. The stock has a market cap of C$112.19 million, a P/E ratio of -16.00 and a beta of 0.30.
Insider Buying and Selling at E3 Lithium
In other news, Director Christopher Doornbos sold 52,874 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of C$1.15, for a total transaction of C$60,805.10. Following the sale, the director directly owned 1,538,260 shares in the company, valued at approximately C$1,768,999. This represents a 3.32% decrease in their position. Insiders own 2.89% of the company’s stock.
E3 Lithium Company Profile
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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