E3 Metals (CVE:ETMC) Shares Climb 1.3% – Should You Buy?

E3 Metals Corp. (CVE:ETMC – Get Free Report) shares were up 1.3% during trading on Wednesday. The company traded as high as C$2.40 and last traded at C$2.35. Approximately 58,043 shares changed hands during trading, a decline of 60% from the average daily volume of 146,022 shares. The stock had previously closed at C$2.32.

E3 Metals Price Performance

The company has a quick ratio of 21.18, a current ratio of 21.48 and a debt-to-equity ratio of 1.89. The business’s 50-day moving average is C$2.35 and its two-hundred day moving average is C$2.35. The company has a market capitalization of C$135.74 million and a P/E ratio of -27.65.

E3 Metals Company Profile

(Get Free Report)

E3 Metals Corp., a resource company with mineral properties, focuses on technology development for lithium extraction from Alberta brines contained in its mineral properties. The company was incorporated in 1998 and is headquartered in Calgary, Canada.

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