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An update from E3 Lithium ( (TSE:ETL) ) is now available.
E3 Lithium has submitted its Directive 056 facility licence application to the Alberta Energy Regulator for the Central Processing Facility at its Clearwater Project, marking a major permitting milestone following its late-2025 Environmental Protection and Enhancement Act filing. Together, approvals under Directive 056 and the EPEA would grant key provincial authority to construct and operate the facility, underpinning a staged development plan targeting initial production of 12,000 tonnes of lithium carbonate per year, with the project expected to support substantial job creation in Alberta and strengthen E3’s progress from demonstration-scale battery-grade output toward commercial operations.
The most recent analyst rating on (TSE:ETL) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on E3 Lithium stock, see the TSE:ETL Stock Forecast page.
Spark’s Take on TSE:ETL Stock
According to Spark, TipRanks’ AI Analyst, TSE:ETL is a Neutral.
The score is held down primarily by very weak fundamentals (no revenue, persistent losses, and ongoing cash burn), partially offset by low leverage and a reasonable equity cushion. Technicals are supportive in the near term but look overbought, and valuation is constrained by negative earnings and no dividend yield.
To see Spark’s full report on TSE:ETL stock, click here.
More about E3 Lithium
E3 Lithium is a Canadian lithium development company focused on brine-hosted resources in Alberta, where it controls a total of 21.2 million tonnes of lithium carbonate equivalent (LCE) in measured and indicated resources and 0.3 million tonnes inferred. Its flagship Clearwater Project, supported by a 2024 pre-feasibility study, hosts 1.13 million tonnes of proven and probable reserves and demonstrates robust project economics, positioning the company as an emerging domestic supplier of battery-grade lithium to global markets.
YTD Price Performance: 31.18%
Average Trading Volume: 165,264
Technical Sentiment Signal: Hold
Current Market Cap: C$105.9M
Find detailed analytics on ETL stock on TipRanks’ Stock Analysis page.