How does EEMM.F's PB Ratio compare to its peers?

EEMM.F is good value based on its Price-To-Book Ratio (1.6x) compared to the peer average (49.6x).

How does EEMM.F's PB Ratio compare vs other companies in the US Metals and Mining Industry?

EEMM.F is good value based on its Price-To-Book Ratio (1.6x) compared to the US Metals and Mining industry average (1.7x).

What is EEMM.F's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate EEMM.F's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of EEMM.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate EEMM.F's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

E3 Lithium (OTCPK:EEMM.F) - Stock Price, News & Analysis

EEMM.F Stock Overview

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

About the company

EEMM.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Risk Analysis

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

Does not have a meaningful market cap ($86M)

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

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

E3 Lithium Limited Competitors

NioCorp Developments

NasdaqGM:NB

US$64.0m

Chilean Cobalt

OTCPK:COBA

US$58.1m

U.S. Gold

NasdaqCM:USAU

US$65.9m

United States Antimony

NYSEAM:UAMY

US$66.0m

Price History & Performance

Summary of all time highs, changes and price drops for E3 Lithium
Historical stock prices
Current Share Price	CA$0.79
52 Week High	CA$2.36
52 Week Low	CA$0.68
Beta	0.69
11 Month Change	-13.30%
3 Month Change	3.95%
1 Year Change	-57.98%
33 Year Change	-69.70%
5 Year Change	150.79%
Change since IPO	55.63%

Recent updates

Shareholder Returns

	EEMM.F	US Metals and Mining	US Market
7D	-7.2%	-3.4%	-1.6%
1Y	-58.0%	25.6%	30.8%

Return vs Industry: EEMM.F underperformed the US Metals and Mining industry which returned 25.6% over the past year.

Return vs Market: EEMM.F underperformed the US Market which returned 30.8% over the past year.

Price Volatility

Is EEMM.F's price volatile compared to industry and market?
EEMM.F volatility
EEMM.F Average Weekly Movement	11.3%
Metals and Mining Industry Average Movement	7.8%
Market Average Movement	6.0%
10% most volatile stocks in US Market	14.9%
10% least volatile stocks in US Market	2.9%

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

Volatility Over Time: EEMM.F's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US 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?
EEMM.F fundamental statistics
Market cap	US$61.72m
Earnings (TTM)	-US$6.76m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-9.0x

P/E Ratio

Is EEMM.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EEMM.F 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 EEMM.F perform over the long term?

See historical performance and comparison

EEMM.F Stock Overview

Rewards

Risk Analysis

E3 Lithium Limited Competitors

NasdaqGM:NB

US$64.0m

OTCPK:COBA

US$58.1m

NasdaqCM:USAU

US$65.9m

NYSEAM:UAMY

US$66.0m

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

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

E3 Lithium Limited Announces Director Appointments

E3 Lithium Limited Announces Director Appointments

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%

E3 Lithium Welcomes Alexandra Cattelan, to Its Board of Directors

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

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

E3 Lithium Ltd. Begins Field Pilot Plant Site

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

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

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

E3 Metals Appoints John Pantazopoulos as Chief Financial Officer

E3 Metals Corp. announced that it has received CAD 5 million in funding

E3 Metals Corp. announced that it expects to receive CAD 6.7 million in funding

E3 Metals Announces Positive Preliminary Economic Assessment Results for its Clearwater Lithium Project

John Pantazopoulos Joins Board of Directors of E3 Metals

E3 Metals Increases the Performance of Its Direct Lithium Extraction Technology

E3 Metals Corp. announced that it has received CAD 1.3347 million in funding

E3 Metals Corp. announced that it expects to receive CAD 1.3347 million in funding

E3 Metals Continue to Advance First Phase of Technology Development Plan with Livent Corporation

Shareholder Returns

Price Volatility