Corcel (LON:CRCL) Stock Price Up 16%

Corcel Plc (LON:CRCLGet Free Report)’s share price rose 16% during mid-day trading on Tuesday . The company traded as high as GBX 0.45 ($0.01) and last traded at GBX 0.44 ($0.01). Approximately 17,160,228 shares traded hands during trading, an increase of 4% from the average daily volume of 16,449,840 shares. The stock had previously closed at GBX 0.38 ($0.00).

Corcel Price Performance

The company has a debt-to-equity ratio of 44.76, a quick ratio of 0.09 and a current ratio of 1.12. The firm has a market cap of £8.13 million, a price-to-earnings ratio of -44.50 and a beta of 1.17. The stock’s 50 day simple moving average is GBX 0.62 and its 200-day simple moving average is GBX 0.65.

Corcel Company Profile

(Get Free Report)

Corcel Plc engages in the exploration and development of natural resources and battery metals. The company owns a 41% interest in the Mambare nickel-cobalt project with license EL1390 covering an area of 256 square kilometers near Kokoda in Papua New Guinea; and Canegrass Lithium Project It has option to acquire a 100% interest in the Mt.

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