Corcel (LON:CRCL) Shares Up 6.7% – Here’s Why

Shares of Corcel Plc (LON:CRCLGet Free Report) traded up 6.7% during mid-day trading on Monday . The company traded as high as GBX 0.33 ($0.00) and last traded at GBX 0.32 ($0.00). 35,027,547 shares were traded during trading, an increase of 6% from the average session volume of 32,995,047 shares. The stock had previously closed at GBX 0.30 ($0.00).

Corcel Stock Performance

The stock has a market cap of £12.77 million, a P/E ratio of -3,690.89 and a beta of 0.90. The business has a 50 day moving average price of GBX 0.18 and a 200 day moving average price of GBX 0.18. The company has a quick ratio of 0.09, a current ratio of 0.67 and a debt-to-equity ratio of 22.60.

Corcel (LON:CRCLGet Free Report) last released its earnings results on Monday, March 31st. The company reported GBX (0.05) ($0.00) EPS for the quarter.

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.

Further Reading

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