Critical Metals Plc (LON:CRTM – Get Free Report)’s stock price shot up 4.8% during mid-day trading on Wednesday . The company traded as high as GBX 11 and last traded at GBX 11. Approximately 210 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 131,427 shares. The stock had previously closed at GBX 10.50.
Critical Metals Price Performance
The company has a 50-day moving average of GBX 10.76 and a 200-day moving average of GBX 11.54. The company has a debt-to-equity ratio of 13.77, a quick ratio of 7.85 and a current ratio of 0.20. The firm has a market capitalization of £9.67 million, a price-to-earnings ratio of 0.07 and a beta of 2.27.
About Critical Metals
Critical Metals is focused on acquiring and developing brownfield mining opportunities in the high-value critical metals space. The Company is focused on advancing low CAPEX and OPEX near-term production opportunities in order to generate short-term cash flow and build significant value for shareholders. Testament to this, the Company is currently developing the previously producing Molulu Copper Cobalt Mine in the Democratic Republic of Congo, and is focussed on returning the mine to production, targeting 120,000t/per annum of Copper Oxide Ore.
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