Critical Metals (LON:CRTM) Hits New 12-Month High – Still a Buy?

Critical Metals Plc (LON:CRTM – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday. The stock traded as high as GBX 27 and last traded at GBX 26, with a volume of 803240 shares. The stock had previously closed at GBX 24.60.

Critical Metals Stock Up 5.7%

The company has a quick ratio of 7.85, a current ratio of 0.20 and a debt-to-equity ratio of 13.77. The stock has a 50 day simple moving average of GBX 9.04 and a 200 day simple moving average of GBX 9.76. The stock has a market cap of £26.46 million, a price-to-earnings ratio of 0.19 and a beta of 2.26.

About Critical Metals

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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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