Critical Metals Plc (LON:CRTM – Get Free Report) shot up 9.4% on Tuesday. The stock traded as high as GBX 31.90 and last traded at GBX 30.20. 745,982 shares were traded 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 Price Performance
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’s fifty day simple moving average is GBX 11.95 and its two-hundred day simple moving average is GBX 10.54. The firm has a market cap of £30.73 million, a PE ratio of 0.22 and a beta of 2.26.
About Critical Metals
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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