E3 Lithium Ltd EEMMF

Morningstar Rating
$0.47 −0.03 (5.03%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

EEMMF is trading within a range we consider fairly valued.
Price
$0.47
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

Trading Information

Previous Close Price
$0.50
Day Range
$0.47–0.51
52-Week Range
$0.47–1.08
Bid/Ask
$0.46 / $0.50
Shares Outstanding
87.96M
Market Cap
$41.34M
Volume/Avg
122,466 / 45,775

Key Statistics

Price/Earnings (Normalized)
—
Price/Sales
—
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

E3 Lithium Ltd is a resource company focus on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. The Company is developing the Clearwater Project, the first project contemplated in E3’s Bashaw District. Developments for lithium in Alberta operate similarly to the well-established and sophisticated energy industry in Alberta. This provides transparent permitting, well-established social license. The company plan to build a fully integrated Lithium Brine Demonstration Facility (Demo Project) with the goal to produce battery grade lithium carbonate from brines located within the Leduc reservoir in Alberta.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Stock Style Box
Small Value
Total Number of Employees
35

Valuation

Metric
EEMMF
Price/Earnings (Normalized)
—
Price/Book Value
1.14
Price/Sales
—
Price/Cash Flow
—
Price/Earnings
EEMMF

Financial Strength

Metric
EEMMF
Quick Ratio
1.56
Current Ratio
1.59
Interest Coverage
−85.89
Quick Ratio
EEMMF

Profitability

Metric
EEMMF
Return on Assets (Normalized)
−14.25%
Return on Equity (Normalized)
−16.17%
Return on Invested Capital (Normalized)
−16.33%
Return on Assets
EEMMF

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