E3 Lithium (CVE:ETL) Insider Kevin Carroll Sells 12,613 Shares

Key Points

  • Insider sale: E3 Lithium insider Kevin Carroll sold 12,613 shares on May 12 at an average price of C$1.28, totaling about C$16,144.64.
  • Ownership reduced: After the transaction, Carroll still held 60,000 shares, but his stake fell by 17.37%.
  • Stock context: E3 Lithium shares opened at C$1.30, and the company has a market cap of C$113.94 million, with shares trading between a 52-week low of C$0.50 and high of C$1.83.

E3 Lithium Limited (CVE:ETL - Get Free Report) insider Kevin Carroll sold 12,613 shares of the firm's stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of C$1.28, for a total transaction of C$16,144.64. Following the transaction, the insider directly owned 60,000 shares in the company, valued at approximately C$76,800. This trade represents a 17.37% decrease in their ownership of the stock.

E3 Lithium Stock Performance

Shares of CVE:ETL opened at C$1.30 on Wednesday. The firm has a market cap of C$113.94 million, a PE ratio of -16.25 and a beta of 0.31. The firm's 50 day simple moving average is C$1.18 and its 200-day simple moving average is C$1.08. E3 Lithium Limited has a one year low of C$0.50 and a one year high of C$1.83. The company has a debt-to-equity ratio of 1.35, a quick ratio of 3.82 and a current ratio of 3.11.

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.

Further Reading

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