Critical Metals (LON:CRTM) Stock Price Up 9.4% – Should You Buy?

Critical Metals Plc (LON:CRTM – Get Free Report)’s share price was up 9.4% on Tuesday. The stock traded as high as GBX 31.90 and last traded at GBX 30.20. Approximately 745,982 shares changed hands during trading, an increase of 275% from the average daily volume of 198,971 shares. The stock had previously closed at GBX 27.60.

Critical Metals Stock Performance

The company has a market cap of £27.71 million, a P/E ratio of 0.20 and a beta of 2.26. 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 firm has a 50 day moving average of GBX 12.84 and a 200-day moving average of GBX 10.80.

Critical Metals Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Critical Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Critical Metals and related companies with MarketBeat.com's FREE daily email newsletter.