Critical Metals (LON:CRTM) Shares Climb 15.5% – Should You Buy?

Critical Metals Plc (LON:CRTM) shares shot up 15.5% on Monday. The company traded as high as GBX 98 and last traded at GBX 94.75. 1,049,938 shares changed hands during trading, an increase of 291% from the average daily volume of 268,754 shares. The stock had previously closed at GBX 82.

Critical Metals Trading Up 17.1%

The company has a market capitalization of £97.69 million, a P/E ratio of 0.69 and a beta of 2.26. The stock’s 50 day moving average is GBX 24.04 and its 200-day moving average is GBX 14.52. The company has a debt-to-equity ratio of 13.77, a current ratio of 0.20 and a quick ratio of 7.85.

Critical Metals (LON:CRTM) last posted its quarterly earnings data on Monday, October 26th. The company reported GBX (0.74) earnings per share for the quarter. Critical Metals had a net margin of 27,276.84% and a negative return on equity of 76.30%.

Critical Metals Company Profile

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.