Critical Metals Plc (LON:CRTM – Get Free Report) traded up 17.1% on Wednesday. The company traded as high as GBX 25 and last traded at GBX 24.60. Approximately 960,210 shares were traded during trading, an increase of 434% from the average daily volume of 179,887 shares. The stock had previously closed at GBX 21.
Critical Metals Trading Down 4.0%
The company has a debt-to-equity ratio of 13.77, a current ratio of 0.20 and a quick ratio of 7.85. The firm has a market cap of £24.42 million, a price-to-earnings ratio of 0.17 and a beta of 2.26. The firm’s fifty day moving average is GBX 9.40 and its 200-day moving average is GBX 9.86.
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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