Critical Metals (LON:CRTM) Hits New 12-Month High – Still a Buy?

Critical Metals Plc (LON:CRTM)’s stock price reached a new 52-week high on Monday . The company traded as high as GBX 21 and last traded at GBX 19.45, with a volume of 675533 shares. The stock had previously closed at GBX 18.20.

Critical Metals Stock Up 6.9%

The company has a current ratio of 0.03, a quick ratio of 7.85 and a debt-to-equity ratio of 591.80. The company has a market capitalization of £19.79 million, a P/E ratio of -0.57 and a beta of 1.70. The firm’s 50 day moving average price is GBX 12.10 and its two-hundred day moving average price is GBX 8.44.

Critical Metals (LON:CRTM) last announced its earnings results on Friday, November 7th. The company reported GBX (34.10) EPS for the quarter. Critical Metals had a negative return on equity of 130.81% and a negative net margin of 5,636.57%.

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.