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E3 Metals
(OTC:ETL)
E3 Metals (ETL) vs. iShares MSCI Canada ETF (EWC)
E3 Metals Business Overview & Revenue Model
E3 Metals Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -267.00K | -179.00K | -175.00K | -128.00K | -49.41K | EBIT |
| -10.85M | -9.47M | -6.59M | -4.75M | -2.11M | EBITDA |
| -9.38M | -9.60M | -6.73M | -4.63M | -2.07M | Net Income Common Stockholders |
| -9.70M | -9.04M | -7.26M | -4.80M | -2.10M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 19.32M | 30.02M | 13.25M | 17.84M | 6.47M | Total Assets |
| 54.97M | 61.99M | 36.10M | 25.99M | 10.64M | Total Debt |
| 916.00K | 637.00K | 584.00K | 266.00K | 168.31K | Net Debt |
| -18.31M | -29.38M | -12.66M | -17.57M | -6.30M | Total Liabilities |
| 4.24M | 4.83M | 2.63M | 990.00K | 544.18K | Stockholders Equity |
| 50.73M | 57.15M | 33.47M | 25.00M | 10.10M |
| Cash Flow | Free Cash Flow | |||
| -6.98M | -8.41M | -9.47M | -5.58M | -2.40M | Operating Cash Flow |
| -6.68M | -5.86M | -5.49M | -2.85M | -1.59M | Investing Cash Flow |
| -10.71M | -13.81M | -12.71M | -3.36M | -807.68K | Financing Cash Flow |
| 6.69M | 36.44M | 13.60M | 17.33M | 7.90M |
E3 Metals Technical Analysis
E3 Metals Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | $2.01B | -1.27 | -21.11% | 5.15% | 2.92% | -30.46% | |
40 Underperform | C$42.61M | ― | -4.74% | ― | ― | 30.08% | |
39 Underperform | $60.37M | ― | -20.30% | ― | ― | 3.30% | |
37 Underperform | C$8.50M | ― | -45.87% | ― | ― | 72.76% | |
35 Underperform | C$12.12M | ― | -35.15% | ― | ― | 41.41% | |
34 Underperform | C$26.04M | ― | -46.87% | ― | ― | 60.76% | |
| $55.46M | ― | -14.78% | ― | ― | ― |
E3 Metals Corporate Events
E3 Lithium has filed its 2024 year-end financial results and Management’s Discussion and Analysis, showcasing its financial health and strategic direction. This filing underscores E3 Lithium’s commitment to transparency and provides stakeholders with insights into its operational progress and future potential in the lithium industry.
Spark’s Take on TSE:ETL Stock
According to Spark, TipRanks’ AI Analyst, TSE:ETL is a Neutral.
E3 Metals faces significant financial challenges with no revenue and persistent losses, despite a strong balance sheet. Technical indicators show weak momentum, and valuation metrics suggest caution due to negative profitability. These factors result in a low overall stock score.
To see Spark’s full report on TSE:ETL stock, click here.
E3 Lithium has provided an update on its Demonstration Facility, which is set to be commissioned in 2025. The facility will be developed in three phases to validate processing technology and produce battery-grade lithium carbonate, significantly de-risking the process for the Clearwater Project. The company has procured critical equipment, with assembly and installation scheduled for later in 2025, subject to regulatory approval. This progress is crucial for E3 Lithium’s strategic positioning in the lithium market and its future project financing efforts.
Spark’s Take on TSE:ETL Stock
According to Spark, TipRanks’ AI Analyst, TSE:ETL is a Neutral.
E3 Metals faces significant financial challenges with no revenue and persistent losses, despite a strong balance sheet. Technical indicators show weak momentum, and valuation metrics suggest caution due to negative profitability. These factors result in a low overall stock score.
To see Spark’s full report on TSE:ETL stock, click here.
E3 Lithium announced a quarterly webinar on April 16, 2025, where CEO Chris Doornbos will discuss current market trends and the company’s 2025 development plans. Key topics include a mineral lease agreement with Imperial Oil, advancements with Pure Lithium, and federal funding through the Critical Minerals Infrastructure Fund, all of which bolster E3’s position as a leader in the North American lithium market and its path to commercial production.
Spark’s Take on TSE:ETL Stock
According to Spark, TipRanks’ AI Analyst, TSE:ETL is a Neutral.
E3 Metals faces significant financial challenges with no revenue and persistent losses, despite a strong balance sheet. Technical indicators show weak momentum, and valuation metrics suggest caution due to negative profitability. These factors result in a low overall stock score.
To see Spark’s full report on TSE:ETL stock, click here.
E3 Lithium has finalized a Contribution Agreement to receive $4.4 million in non-repayable funding from the Critical Minerals Infrastructure Fund. This funding will support preconstruction work on the Clearwater Project, enhancing infrastructure development and optimizing operations. The investment aligns with Canada’s Critical Minerals Strategy, which seeks to advance critical mineral development and support a low-carbon economy. This strategic funding positions E3 Lithium to advance its Clearwater Project towards first lithium production in Alberta, contributing to the province’s and Canada’s leadership in critical minerals.
E3 Lithium, in collaboration with Pure Lithium Corporation, has successfully produced lithium metal batteries from Alberta brines using their DLE technology and Pure Lithium’s Brine to Battery™ technology. This achievement marks a significant milestone in E3 Lithium’s ability to produce multiple battery-grade lithium products and demonstrates the successful integration of their lithium brine resources with innovative battery technology. The partnership aims to achieve large-scale lithium metal anode production at reduced costs, with testing expected to complete in Q2 2025.
E3 Lithium Ltd. has received conditional approval for a non-repayable investment of up to $4.7 million from the Government of Canada’s Critical Minerals Infrastructure Fund. This funding will support the Clearwater Project, enhancing infrastructure development and optimizing operations, positioning E3 Lithium as a key player in the critical minerals supply chain in Canada and globally.
E3 Lithium Ltd. has finalized an agreement with Imperial Oil Limited for the freehold mineral tenure of the Clearwater Project, marking a significant milestone in its strategic goals for lithium production in Alberta. This agreement, which includes a 10-year renewable lease, strengthens E3’s position in the global lithium supply chain and highlights the successful collaboration between E3 and Imperial, further advancing E3’s lithium extraction technology and development opportunities.
E3 Lithium has outlined its 2025 priorities, focusing on advancing the Clearwater Project towards commercial lithium production. Key initiatives include developing a commercial plant, constructing a demonstration facility for Direct Lithium Extraction, and building strategic partnerships, positioning the company as a major supplier to the global battery market.