Corcel (LON:CRCL) Shares Up 13.3% – Should You Buy?

Corcel Plc (LON:CRCLGet Free Report) shot up 13.3% on Monday . The stock traded as high as GBX 0.35 ($0.00) and last traded at GBX 0.34 ($0.00). 50,972,758 shares traded hands during mid-day trading, an increase of 54% from the average session volume of 33,162,891 shares. The stock had previously closed at GBX 0.30 ($0.00).

Corcel Price Performance

The stock has a market cap of £13.56 million, a PE ratio of -3,921.57 and a beta of 0.90. The company has a debt-to-equity ratio of 22.60, a current ratio of 0.67 and a quick ratio of 0.09. The business has a fifty day moving average of GBX 0.18 and a 200 day moving average of GBX 0.18.

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

Corcel Company Profile

(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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