Critical Elements Lithium Co. (CVE:CRE – Get Free Report) shares rose 2.9% on Friday. The company traded as high as C$0.37 and last traded at C$0.35. Approximately 66,660 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 158,156 shares. The stock had previously closed at C$0.34.
Critical Elements Lithium Stock Up 2.9%
The stock’s 50-day moving average price is C$0.35 and its two-hundred day moving average price is C$0.37. The stock has a market capitalization of C$81.21 million, a P/E ratio of -35.00 and a beta of -0.95. The company has a current ratio of 9.56, a quick ratio of 11.23 and a debt-to-equity ratio of 0.05.
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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