Critical Metals Plc (LON:CRTM – Get Free Report)’s share price fell 3% during mid-day trading on Wednesday . The company traded as low as GBX 8 and last traded at GBX 8. Approximately 108,931 shares were traded during trading, a decline of 17% from the average session volume of 130,622 shares. The stock had previously closed at GBX 8.25.
Critical Metals Trading Down 4.5%
The firm’s fifty day simple moving average is GBX 10.75 and its 200 day simple moving average is GBX 11.33. The stock has a market capitalization of £7.53 million, a P/E ratio of 0.05 and a beta of 2.27. The company has a debt-to-equity ratio of -305.56, a quick ratio of 7.85 and a current ratio of 0.01.
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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