Key Points
- Insider Jason Doornbos bought 11,510 shares at C$1.15 on March 11, increasing his holdings to 90,989 shares (a 14.48% increase) for a total cost of C$13,236.50.
- Shares traded up 1.8% to C$1.12 on the day with below-average volume, and the company has a market capitalization of C$97.24 million and a 12‑month range of C$0.50–C$1.83.
- E3 Lithium develops lithium properties in Alberta and shows a debt-to-equity ratio of 1.92 and a negative PE (-8.62), indicating the firm is currently unprofitable.
E3 Lithium Limited (CVE:ETL - Get Free Report) insider Jason Doornbos purchased 11,510 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was bought at an average cost of C$1.15 per share, with a total value of C$13,236.50. Following the completion of the transaction, the insider directly owned 90,989 shares in the company, valued at C$104,637.35. The trade was a 14.48% increase in their position.
E3 Lithium Stock Up 1.8%
Shares of CVE ETL traded up C$0.02 during trading on Friday, hitting C$1.12. The stock had a trading volume of 87,229 shares, compared to its average volume of 167,534. The company has a debt-to-equity ratio of 1.92, a current ratio of 3.93 and a quick ratio of 3.82. The firm has a fifty day moving average of C$1.14 and a two-hundred day moving average of C$1.12. E3 Lithium Limited has a 12 month low of C$0.50 and a 12 month high of C$1.83. The company has a market capitalization of C$97.24 million, a PE ratio of -8.62 and a beta of 0.04.
E3 Lithium Company Profile
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
