Critical Metals (LON:CRTM) Hits New 1-Year High – Still a Buy?

Shares of Critical Metals Plc (LON:CRTM – Get Free Report) reached a new 52-week high during mid-day trading on Friday. The company traded as high as GBX 82 and last traded at GBX 82, with a volume of 2,540,081 shares. The stock had previously closed at GBX 64.

Critical Metals Stock Performance

The company has a 50-day simple moving average of GBX 22.52 and a two-hundred day simple moving average of GBX 14. The company has a debt-to-equity ratio of 13.77, a quick ratio of 7.85 and a current ratio of 0.20. The firm has a market capitalization of £83.45 million, a P/E ratio of 0.59 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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