Critical Metals Plc (LON:CRTM – Get Free Report) shares were up 17.1% on Wednesday . The company traded as high as GBX 25 and last traded at GBX 24.60. Approximately 960,210 shares changed hands during mid-day trading, an increase of 434% from the average session volume of 179,887 shares. The stock had previously closed at GBX 21.
Critical Metals Stock Up 17.1%
The company has a current ratio of 0.20, a quick ratio of 7.85 and a debt-to-equity ratio of 13.77. The business has a fifty day simple moving average of GBX 8.71 and a two-hundred day simple moving average of GBX 9.67. The company has a market cap of £25.03 million, a PE ratio of 0.18 and a beta of 2.26.
Critical Metals Company Profile
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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