Critical Metals (LON:CRTM) Stock Price Up 7.5% – Still a Buy?

Shares of Critical Metals Plc (LON:CRTM) traded up 7.5% during trading on Thursday . The stock traded as high as GBX 1.30 ($0.02) and last traded at GBX 1.29 ($0.02). 56,027 shares were traded during mid-day trading, a decline of 38% from the average session volume of 90,465 shares. The stock had previously closed at GBX 1.20 ($0.01).

Critical Metals Trading Down 8.3 %

The firm’s fifty day simple moving average is GBX 1.16 and its 200 day simple moving average is GBX 2.50. The stock has a market capitalization of £741,290.00, a P/E ratio of -27.50 and a beta of 1.70. The company has a debt-to-equity ratio of 57.74, a quick ratio of 7.85 and a current ratio of 0.07.

Critical Metals (LON:CRTM) last announced its quarterly earnings results on Thursday, October 31st. The company reported GBX (3.79) (($0.05)) earnings per share (EPS) for the quarter.

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.