E3 Lithium Stock Analysis
| ETL Stock | 1.10 0.06 5.77% |
E3 Lithium is overvalued with Real Value of 0.92 and Hype Value of 1.09. The main objective of E3 Lithium stock analysis is to determine its intrinsic value, which is an estimate of what E3 Lithium is worth, separate from its market price. There are two main types of E3 Lithium's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect E3 Lithium's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of E3 Lithium's stock to identify patterns and trends that may indicate its future price movements.
The E3 Lithium stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. E3 Lithium is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. ETL Stock trading window is adjusted to America/Toronto timezone.
ETL |
ETL Stock Analysis Notes
The company has price-to-book (P/B) ratio of 1.52. Some equities with similar Price to Book (P/B) outperform the market in the long run. E3 Lithium recorded a loss per share of 0.12. The entity last dividend was issued on the 3rd of March 2017. The firm had 1:5 split on the 3rd of March 2017. To learn more about E3 Lithium call BSc MAusimm at 587 324 2775 or check out https://www.e3lithium.ca.E3 Lithium Investment Alerts
| E3 Lithium generated a negative expected return over the last 90 days | |
| E3 Lithium may become a speculative penny stock | |
| E3 Lithium has high historical volatility and very poor performance | |
| Net Loss for the year was (9.04 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| E3 Lithium generates negative cash flow from operations | |
| Latest headline from news.google.com: E3 inches closer to Albertas first lithium production plant 2024-11-21 Investing News - Stockhouse Publishing |
ETL Largest EPS Surprises
Earnings surprises can significantly impact E3 Lithium's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-11-28 | 2023-09-30 | -0.03 | -0.04 | -0.01 | 33 | ||
2023-05-24 | 2023-03-31 | -0.02 | -0.03 | -0.01 | 50 | ||
2023-03-28 | 2022-12-31 | -0.02 | -0.03 | -0.01 | 50 |
ETL Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 82.8 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate E3 Lithium's market, we take the total number of its shares issued and multiply it by E3 Lithium's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.ETL Profitablity
E3 Lithium's profitability indicators refer to fundamental financial ratios that showcase E3 Lithium's ability to generate income relative to its revenue or operating costs. If, let's say, E3 Lithium is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, E3 Lithium's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of E3 Lithium's profitability requires more research than a typical breakdown of E3 Lithium's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.16) | (0.17) | |
| Return On Capital Employed | (0.16) | (0.17) | |
| Return On Assets | (0.15) | (0.15) | |
| Return On Equity | (0.16) | (0.17) |
Management Efficiency
E3 Lithium has return on total asset (ROA) of (0.1351) % which means that it has lost $0.1351 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2047) %, meaning that it generated substantial loss on money invested by shareholders. E3 Lithium's management efficiency ratios could be used to measure how well E3 Lithium manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.17 in 2024. Return On Capital Employed is likely to drop to -0.17 in 2024. At this time, E3 Lithium's Intangibles To Total Assets are fairly stable compared to the past year. Asset Turnover is likely to climb to 0 in 2024, whereas Total Assets are likely to drop slightly above 37 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.84 | 0.80 | |
| Tangible Book Value Per Share | 0.77 | 0.73 | |
| Enterprise Value Over EBITDA | (12.64) | (12.01) | |
| Price Book Value Ratio | 2.64 | 2.22 | |
| Enterprise Value Multiple | (12.64) | (12.01) | |
| Price Fair Value | 2.64 | 2.22 | |
| Enterprise Value | 121.4 M | 127.4 M |
Leadership effectiveness at E3 Lithium is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 0.66 | Return On Assets (0.14) | Return On Equity (0.20) |
Technical Drivers
As of the 26th of November, E3 Lithium owns the Information Ratio of (0.13), standard deviation of 3.23, and Market Risk Adjusted Performance of (0.43). E3 Lithium technical analysis allows you to utilize past data patterns in order to determine a pattern that computes the direction of the entity's future prices. Please confirm E3 Lithium standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if E3 Lithium is priced fairly, providing market reflects its prevailing price of 1.1 per share.E3 Lithium Price Movement Analysis
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E3 Lithium Predictive Daily Indicators
E3 Lithium intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of E3 Lithium stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
E3 Lithium Forecast Models
E3 Lithium's time-series forecasting models are one of many E3 Lithium's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary E3 Lithium's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About ETL Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how E3 Lithium prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ETL shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as E3 Lithium. By using and applying ETL Stock analysis, traders can create a robust methodology for identifying ETL entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (962.92) | (1,011) | |
| Operating Profit Margin | (646.03) | (613.73) | |
| Net Loss | (753.59) | (791.27) |
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding E3 Lithium to your portfolios without increasing risk or reducing expected return.Did you try this?
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Additional Tools for ETL Stock Analysis
When running E3 Lithium's price analysis, check to measure E3 Lithium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy E3 Lithium is operating at the current time. Most of E3 Lithium's value examination focuses on studying past and present price action to predict the probability of E3 Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E3 Lithium's price. Additionally, you may evaluate how the addition of E3 Lithium to your portfolios can decrease your overall portfolio volatility.