Critical Metals (LON:CRTM) Stock Falls 7.7% – Here’s What Happened

Shares of Critical Metals Plc (LON:CRTM – Get Free Report) dropped 7.7% on Monday. The stock traded as low as GBX 60 and last traded at GBX 60. Approximately 2,273,469 shares traded hands during mid-day trading, an increase of 772% from the average session volume of 260,856 shares. The stock had previously closed at GBX 65.

Critical Metals Stock Performance

The firm has a market capitalization of £69.20 million, a price-to-earnings ratio of 0.49 and a beta of 2.26. The company has a debt-to-equity ratio of 13.77, a quick ratio of 7.85 and a current ratio of 0.20. The stock’s fifty day moving average is GBX 20.18 and its two-hundred day moving average is GBX 13.19.

About Critical Metals

(Get Free Report)

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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