E3 Lithium (CVE:ETL) Director Christopher Doornbos Sells 52,874 Shares

E3 Lithium Limited (CVE:ETL) Director Christopher Doornbos sold 52,874 shares of the firm’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of C$1.15, for a total value of C$60,805.10. Following the completion of the sale, the director directly owned 1,538,260 shares of the company’s stock, valued at approximately C$1,768,999. This trade represents a 3.32% decrease in their position.

E3 Lithium Stock Down 4.5%

CVE:ETL traded down C$0.05 during trading hours on Thursday, hitting C$1.06. 300,914 shares of the company’s stock traded hands, compared to its average volume of 162,936. The stock’s fifty day moving average price is C$1.15 and its two-hundred day moving average price is C$1.11. The firm has a market cap of C$92.03 million, a P/E ratio of -8.15 and a beta of 0.04. The company has a debt-to-equity ratio of 1.92, a quick ratio of 3.82 and a current ratio of 3.93. E3 Lithium Limited has a twelve month low of C$0.50 and a twelve month high of C$1.83.

About E3 Lithium

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.