Critical Metals Plc (LON:CRTM – Get Free Report)’s stock price was up 17.2% during mid-day trading on Monday. The company traded as high as GBX 34 and last traded at GBX 34. 524,673 shares were traded during trading, an increase of 136% from the average session volume of 222,000 shares. The stock had previously closed at GBX 29.
Critical Metals Stock Up 17.2%
The business’s 50 day moving average is GBX 13.75 and its 200-day moving average is GBX 11.04. The stock has a market cap of £34.60 million, a price-to-earnings ratio of 0.25 and a beta of 2.26. The company has a debt-to-equity ratio of 13.77, a quick ratio of 7.85 and a current ratio of 0.20.
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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