E3 Lithium (DB:OW3) - Stock Price, News & Analysis

OW3 Stock Overview

Engages in the development and extraction of lithium resources in Alberta. More details

OW3 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (CA$0)

Currently unprofitable and not forecast to become profitable over the next 3 years

Does not have a meaningful market cap (€78M)

Volatile share price over the past 3 months compared to the German market

E3 Lithium Limited Competitors

Greenland Resources

DB:M0LY

€78.4m

IberAmerican Lithium

DB:W2C

€1.0m

Pasinex Resources

DB:PNX

€1.4m

BRAIN Biotech

XTRA:BNN

€68.8m

Price History & Performance

Summary of all time highs, changes and price drops for E3 Lithium
Historical stock prices
Current Share Price	CA$0.63
52 Week High	CA$1.71
52 Week Low	CA$0.61
Beta	0.66
11 Month Change	-15.73%
3 Month Change	-30.47%
1 Year Change	-64.49%
33 Year Change	-65.56%
5 Year Change	143.08%
Change since IPO	155.87%

Recent updates

Shareholder Returns

	OW3	DE Metals and Mining	DE Market
7D	-4.8%	2.9%	-0.02%
1Y	-64.5%	-27.2%	8.2%

Return vs Industry: OW3 underperformed the German Metals and Mining industry which returned -27.2% over the past year.

Return vs Market: OW3 underperformed the German Market which returned 8.2% over the past year.

Price Volatility

Is OW3's price volatile compared to industry and market?
OW3 volatility
OW3 Average Weekly Movement	7.8%
Metals and Mining Industry Average Movement	11.6%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: OW3's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: OW3's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Chris Doornbos	www.e3lithium.ca

E3 Lithium Limited engages in the development and extraction of lithium resources in Alberta. It develops the Clearwater Lithium project located in the Bashaw District; and the Leduc brines. The company was formerly known as E3 Metals Corp. and changed its name to E3 Lithium Limited in July 2022.

E3 Lithium Limited Fundamentals Summary

How do E3 Lithium's earnings and revenue compare to its market cap?
OW3 fundamental statistics
Market cap	€53.78m
Earnings (TTM)	-€6.46m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-8.3x

P/E Ratio

Is OW3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OW3 income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$9.40m
Earnings	-CA$9.40m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.12
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did OW3 perform over the long term?

See historical performance and comparison

OW3 Stock Overview

Risk Analysis

E3 Lithium Limited Competitors

DB:M0LY

€78.4m

DB:W2C

€1.0m

DB:PNX

€1.4m

XTRA:BNN

€68.8m

Price History & Performance

Recent News & Updates

E3 Lithium Ltd. Outlines Demonstration Program Objectives to Advance Lithium Production in Alberta

E3 Lithium Successfully Completes the Pilot Project Funded by Natural Resources Canada and Receives Final Payment

E3 Lithium Plans to Construct A Fully Integrated Lithium Demonstration Facility

E3 Lithium Limited Announces Board Changes

E3 Lithium Ltd Announces the Summary of Key Results from the Pre-Feasibility Study for its Clearwater Project, Located in South-Central Alberta

E3 Lithium Outlines Inaugural 2.5 Mt LCE Inferred Mineral Resource within the Estevan Lithium District in Saskatchewan

Recent updates

E3 Lithium Ltd. Outlines Demonstration Program Objectives to Advance Lithium Production in Alberta

E3 Lithium Successfully Completes the Pilot Project Funded by Natural Resources Canada and Receives Final Payment

E3 Lithium Plans to Construct A Fully Integrated Lithium Demonstration Facility

E3 Lithium Limited Announces Board Changes

E3 Lithium Ltd Announces the Summary of Key Results from the Pre-Feasibility Study for its Clearwater Project, Located in South-Central Alberta

E3 Lithium Outlines Inaugural 2.5 Mt LCE Inferred Mineral Resource within the Estevan Lithium District in Saskatchewan

E3 Lithium Limited's Laboratory to Expand to Include Production of Lithium Carbonate

E3 Lithium Limited, Annual General Meeting, Jul 16, 2024

E3 Lithium Limited Appoints Hon. Sonya Savage, to the Board of Directors

E3 Lithium Provides Update on Technology Selections for First Commercial Lithium

New minor risk - Market cap size

E3 Lithium Ltd. Discovers Lithium Concentrations as High as 87 Mg/L in the Nisku Aquifer

CEO, President & Director recently bought €94k worth of stock

E3 Lithium Limited Announces Director Appointments

E3 Lithium Limited Announces Director Appointments

CEO, President & Director recently bought €192k worth of stock

E3 Lithium Ltd. Outlines the Performance of Its Dle Pilot Against Kpis

E3 Lithium Limited Produces Battery Quality Lithium Hydroxide Monohydrate With Purity of 99.78%

Less than half of directors are independent

New major risk - Revenue and earnings growth

E3 Lithium Welcomes Alexandra Cattelan, to Its Board of Directors

E3 Lithium Limited Completes Initial Field Pilot Plant Tests and Shares Results Against KPIs

Independent Director recently sold €71k worth of stock

E3 Lithium Limited Provides Continued Preliminary Results from the Field Pilot Plant

E3 Lithium Ltd. Provides Preliminary Results from the First Test Sequence At the Field Pilot Plant

E3 Lithium Limited Advances Lithium Production Testing and Provides Field Pilot Plant Commissioning Update

E3 Lithium Limited Announces Pilot Progress Update

Chief Development Officer recently bought €78k worth of stock

E3 Lithium Ltd. Begins Field Pilot Plant Site

CEO, President & Director recently bought €532k worth of stock

E3 Lithium Limited Announces Concentration Results from Third Well Demonstrate Consistency

E3 Lithium Limited Outlines Lithium Results from Second Well Demonstrating Up to 82 Mg/L

E3 Lithium Announces Concentration Results from First Well

E3 Lithium Completes Production Test on First Well to Positive Results

E3 Lithium Limited (TSXV:ETL) acquired A Third-party Well in Clearwater Project Area within the Bashaw District.

E3 Lithium Limited Outlines Drilling Update

E3 Lithium Completes First Production of Commercial Scale Sorbent

E3 Lithium Limited Finishes Drilling First Well and Begins Completion and Sampling Program

E3 Lithium Limited Announces Executive Changes

E3 Lithium Outlines 23.4 Mt LCE Inferred Mineral Resource in Consolidated Bashaw District

E3 Lithium Begins Drilling First Lithium Evaluation Well in Alberta

E3 Metals Corp. announced that it expects to receive CAD 6.350001 million in funding from Imperial Oil Limited

E3 Lithium to Drill First of its Kind Well in Alberta

E3 Metals Initiates Design of Field Pilot

E3 Metals Corp. Increases Confidence in Clearwater Aquifer Continuity Through Seismic Interpretation

E3 Metals to Drill First Lithium Evaluation Wells in Alberta

E3 Metals Corp. Announces Prototype Results Show High Sorbent Durability and Consistent Recoveries

E3 Metals Lab Pilot Prototype Initial Tests Deliver 97% Lithium Recovery

E3 Metals Scales Up with Construction of Lab-Pilot Prototype on Success of DLE Testing

E3 Metals' Improved Sorbent Outperforms, Advanced for Flow Column Testing

E3 Metals Completes R&D, Commissions Flow Testing and Design

E3 Metals Corp. Expands Aquifer Management Plan Following Successful Optimization

E3 Metals Corp. Appoints, Brad Wall, to Corporate Advisory Board

Independent Director has left the company

E3 Metals Corp. Appoints Mr. Kevin Stashin as Independent Director to its Board

E3 Metals Corp. announced that it has received CAD 8.050061 million in funding

New 90-day high: €2.29

New 90-day high: €1.05

E3 Metals Corp. announced that it expects to receive CAD 5.214 million in funding

E3 Metals Appoints John Pantazopoulos as Chief Financial Officer