Corcel (LON:CRCL) Shares Up 13.3% – Time to Buy?

Shares of Corcel Plc (LON:CRCLGet Free Report) rose 13.3% during mid-day trading on Tuesday . The stock traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 86,414,133 shares traded hands during mid-day trading, an increase of 842% from the average daily volume of 9,172,084 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Price Performance

The company has a market capitalization of £7.18 million, a PE ratio of -2,076.12 and a beta of 0.90. The company has a quick ratio of 0.09, a current ratio of 0.67 and a debt-to-equity ratio of 22.60. The stock has a 50-day moving average of GBX 0.16 and a 200 day moving average of GBX 0.15.

Corcel (LON:CRCLGet Free Report) last issued its quarterly earnings results on Monday, December 16th. The company reported GBX (0.20) ($0.00) earnings per share (EPS) for the quarter.

Corcel Company Profile

(Get Free Report)

Corcel PLC is an upstream oil and gas development company with residual interests in battery metals. Its diversified portfolio includes projects in the onshore Kwanza Basin in Angola, legacy battery metal interests such as rare earth element appraisal in Western Australia, and an option to acquire gas production onshore Brazil.

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