Critical Elements Lithium Co. (CVE:CRE – Get Free Report)’s stock price was down 1.3% during mid-day trading on Wednesday . The company traded as low as C$0.39 and last traded at C$0.40. Approximately 149,612 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 205,211 shares. The stock had previously closed at C$0.40.
Critical Elements Lithium Stock Down 1.3%
The business’s 50 day moving average is C$0.42 and its 200-day moving average is C$0.43. The company has a debt-to-equity ratio of 0.05, a quick ratio of 11.23 and a current ratio of 8.30. The firm has a market capitalization of C$91.66 million, a price-to-earnings ratio of -13.17 and a beta of -0.74.
About Critical Elements Lithium
Critical Elements Lithium Corporation engages in the acquisition, exploration, and development of mining properties in Canada. The company explores for copper, zinc, gold, silver, nickel, lead, lithium, niobium, tantalum, platinum group, and rare earth elements. Its flagship project is the Rose Lithium-Tantalum project that consists of 473 claims covering a total area of 244.99 square kilometers located in the Eastmain greenstone belt. The company was formerly known as Critical Elements Corporation and changed its name to Critical Elements Lithium Corporation in June 2019.
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