CVE:ETL

1.48
0.04 (2.78%) 1d
0

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Investor Insights

This summary was created by AI, based on 4 opinions in the last 12 months.

Experts have mixed opinions about E3 Lithium (ETL-X). Some are cautious due to the company's chart looking bad and advise staying away until signs of a turnaround. Others see potential in ETL-X as a speculative play, especially with its environmentally friendly lithium extraction process. The company is also seen as a competitor to EMPS in lithium extraction and has recently begun operations at Alberta's first direct lithium extraction field pilot plant. However, it's noted that ETL-X is highly speculative and has capital risks. Trevor Rose's Insights point out the company's hot share price and recent operations, but still consider it highly speculative. Overall, the company is viewed with caution due to its speculative nature and risks associated with its size and sector.

Consensus
Speculative
Valuation
Undervalued
Similar
EMPS, EMX
WATCH
E3 Lithium

Excitement about lithium, but the chart looks bad. Stay away until obvious signs of a turnaround. If already holding, be really careful if it drops below $1.60. Right now it's at $1.92.

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RISKY
E3 Lithium
Good speculative play?

Bit of a tech company, as it uses direct lithium extraction from depleted gas reservoirs. More environmentally friendly process. Not successful commercially outside China. Key is if it can be scaled. Lithium is well off peaks, starting to look interesting, but this name is speculative.

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WATCH
E3 Lithium

Competitor to EMPS in lithium extraction, and ahead of it by about 6 months. Already started pilot plant, and about 10x the market cap.

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RISKY
E3 Lithium
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

The EV/lithium sector remains hot and ETL's share price is breaking out to new highs. The company has $18M in cash, no revenues, and generates negative free cash flow. It recently provided an overview of its lithium assets in Saskatchewan, and it recently begun operations at Alberta's first direct lithium extraction field pilot plant. We do not see major red flags here other than its small size, sector and capital risk, but we would consider it to be highly speculative and it's hard for us to strongly endorse it at this time. 
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E3 Lithium(ETL-X) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for E3 Lithium is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

E3 Lithium(ETL-X) Frequently Asked Questions

What is E3 Lithium stock symbol?

E3 Lithium is a Canadian stock, trading under the symbol ETL-X on the TSX Venture Exchange (ETL-CV). It is usually referred to as TSXV:ETL or ETL-X

Is E3 Lithium a buy or a sell?

In the last year, 2 stock analysts published opinions about ETL-X. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for E3 Lithium.

Is E3 Lithium a good investment or a top pick?

E3 Lithium was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for E3 Lithium.

Why is E3 Lithium stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is E3 Lithium worth watching?

2 stock analysts on Stockchase covered E3 Lithium In the last year. It is a trending stock that is worth watching.

What is E3 Lithium stock price?

On 2024-06-21, E3 Lithium (ETL-X) stock closed at a price of $1.48.