E3 Metals (CVE:ETMC) Stock Price Up 1.3% – Still a Buy?

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

E3 Metals Stock Performance

The stock has a market cap of C$135.74 million and a P/E ratio of -27.65. The business has a 50 day moving average price of C$2.35 and a 200 day moving average price of C$2.35. The company has a quick ratio of 21.18, a current ratio of 21.48 and a debt-to-equity ratio of 1.89.

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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