Insider Selling: E3 Lithium (CVE:ETL) Director Sells 52,874 Shares of Stock

Key Points

  • Director Christopher Doornbos sold 52,874 shares on March 12 at an average price of C$1.15 for C$60,805.10, reducing his ownership by 3.32% to 1,538,260 shares (about C$1.77M).
  • E3 Lithium opened at C$1.03 and trades within a 1-year range of C$0.50–C$1.83, with 50-day and 200-day moving averages of C$1.15 and C$1.11; the company has a market cap of C$89.4M and a negative P/E of -7.92.
  • E3 Lithium develops and extracts lithium properties in Alberta, is headquartered in Calgary (formerly E3 Metals Corp.), and shows strong liquidity (current ratio 3.93, quick ratio 3.82) alongside a debt-to-equity of 1.92.

E3 Lithium Limited (CVE:ETL - Get Free Report) Director Christopher Doornbos sold 52,874 shares of the company's stock in a transaction dated 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 C$1,768,999. This represents a 3.32% decrease in their ownership of the stock.

E3 Lithium Stock Performance

CVE ETL opened at C$1.03 on Friday. E3 Lithium Limited has a 1-year low of C$0.50 and a 1-year high of C$1.83. The company has a 50 day moving average of C$1.15 and a 200-day moving average of C$1.11. The company has a current ratio of 3.93, a quick ratio of 3.82 and a debt-to-equity ratio of 1.92. The firm has a market cap of C$89.43 million, a price-to-earnings ratio of -7.92 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.

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