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Bullboard - Stock Discussion Forum E3 Lithium Ltd V.ETL

Alternate Symbol(s):  EEMMF

E3 Lithium Ltd. is a Canada-based lithium resource company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. The Company’s Clearwater Project is located between Red Deer and Calgary in Alberta. Its Direct Lithium Extraction (DLE) on-exchange technology uses a sorbent designed to be selective towards lithium ions... see more

TSXV:ETL - Post Discussion

E3 Lithium Ltd > CIBC price target
View:
Post by Forever45 on May 27, 2024 9:40am

CIBC price target

There a new price target for ETL in my CIBC trading app this morning. $5.70
Comment by MrInvest on May 27, 2024 10:55am
That's pretty much where I pinned it a year ago. Analyst coverage started at $11 and has slowly come down. If this hit $3, you won't see me here anymore. 
Comment by DDGuy3040 on May 27, 2024 1:06pm
That's reasonable for the short term.  Long term may be higher imho if some deals come up 
Comment by MrPeters on May 27, 2024 3:43pm
Going up for sure The four Analyst covering E3 have it  Mean 8.24 High 13.00 Low 5.70 Hope they are right.    gl
Comment by Jethro980 on May 27, 2024 3:55pm
I'm all for E3 but those so called Analyst truly don't know a thing. 40 years of investing and can't say I've seen them guess right even 5 percent of the time.  Hey I'll be an Analyst and my prediction is 7.00 late this year and 43.00 2025 year end. 
Comment by MrInvest on May 28, 2024 1:06am
I don't think it belong under $2, but I don't think it belongs over $5 either. Hense why I am kicking myself for not selling at $5.8. Sometimes things are disconnected from reality. I hope the PFS sheds some light on cash flow.  I really don't get a good feeling from Management though, I think that place needs a shake up going forward. 
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