Critical Metals Plc (LON:CRTM – Get Free Report) shares traded up 14.3% during trading on Wednesday . The stock traded as high as GBX 16 and last traded at GBX 16. Approximately 1,228,296 shares were traded during mid-day trading, an increase of 742% from the average session volume of 145,887 shares. The stock had previously closed at GBX 14.
Critical Metals Stock Down 6.9%
The company has a quick ratio of 7.85, a current ratio of 0.01 and a debt-to-equity ratio of -305.56. The company has a 50 day simple moving average of GBX 7.94 and a two-hundred day simple moving average of GBX 9.46. The company has a market capitalization of £18.58 million, a P/E ratio of 0.13 and a beta of 2.26.
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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