Corcel (LON:CRCL) Trading Up 14.8% – Here’s Why

Corcel Plc (LON:CRCLGet Free Report)’s share price rose 14.8% during trading on Monday . The company traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 7,183,613 shares were traded during mid-day trading, an increase of 4% from the average daily volume of 6,893,800 shares. The stock had previously closed at GBX 0.16 ($0.00).

Corcel Trading Down 4.9 %

The company has a 50-day moving average price of GBX 0.17 and a two-hundred day moving average price of GBX 0.14. The stock has a market cap of £5.35 million, a P/E ratio of -44.50 and a beta of 0.90. The company has a current ratio of 1.12, a quick ratio of 0.09 and a debt-to-equity ratio of 44.76.

About Corcel

(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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