Corcel (LON:CRCL) Stock Price Up 20.3% – Still a Buy?

Corcel Plc (LON:CRCLGet Free Report)’s stock price was up 20.3% during trading on Monday . The company traded as high as GBX 0.38 ($0.01) and last traded at GBX 0.36 ($0.00). Approximately 60,643,340 shares changed hands during trading, an increase of 84% from the average daily volume of 32,947,504 shares. The stock had previously closed at GBX 0.30 ($0.00).

Corcel Stock Performance

The firm has a market capitalization of £14.16 million, a price-to-earnings ratio of -4,094.58 and a beta of 0.90. The firm’s 50-day moving average price is GBX 0.21 and its two-hundred day moving average price is GBX 0.18. The company has a debt-to-equity ratio of 22.60, a quick ratio of 0.09 and a current ratio of 0.67.

Corcel (LON:CRCLGet Free Report) last announced its quarterly 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.

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