Stifel Nicolaus Reiterates “C$3.25” Price Target for Critical Elements Lithium (CVE:CRE)

Stifel Nicolaus set a C$3.25 price target on Critical Elements Lithium (CVE:CREGet Rating) in a research note published on Tuesday, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Separately, Canaccord Genuity Group set a C$3.50 price objective on Critical Elements Lithium and gave the stock a speculative buy rating in a research report on Tuesday, October 18th.

Critical Elements Lithium Stock Performance

Shares of Critical Elements Lithium stock opened at C$2.21 on Tuesday. The firm has a market capitalization of C$455.90 million and a price-to-earnings ratio of -100.45. Critical Elements Lithium has a fifty-two week low of C$1.13 and a fifty-two week high of C$2.53. The company has a debt-to-equity ratio of 1.23, a quick ratio of 18.27 and a current ratio of 18.49. The stock has a 50 day moving average of C$1.90 and a 200 day moving average of C$1.61.

Critical Elements Lithium Company Profile

(Get Rating)

Critical Elements Lithium Corporation engages in the acquisition, exploration, and development of mining properties in Canada. The company explores for copper, zinc, gold, silver, nickel, lead, lithium, niobium, tantalum, and platinum group and rare earth elements. Its flagship project is the Rose Lithium-Tantalum project that consists of 473 claims covering a total area of 246.55 square kilometers located in the Eastmain greenstone belt.

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