Corcel (LON:CRCL) Trading Up 13.3% – Here’s What Happened

Corcel Plc (LON:CRCL)’s share price shot up 13.3% on Monday . The company traded as high as GBX 0.35 ($0.00) and last traded at GBX 0.34 ($0.00). 50,972,758 shares changed hands during trading, an increase of 54% from the average session volume of 33,162,891 shares. The stock had previously closed at GBX 0.30 ($0.00).

Corcel Stock Performance

The company has a market cap of £13.56 million, a price-to-earnings ratio of -3,921.57 and a beta of 0.90. The company has a debt-to-equity ratio of 22.60, a quick ratio of 0.09 and a current ratio of 0.67. The company has a fifty day moving average of GBX 0.18 and a two-hundred day moving average of GBX 0.18.

Corcel (LON:CRCL) last announced its quarterly earnings results on Monday, March 31st. The company reported GBX (0.05) ($0.00) EPS for the quarter.

Corcel Company Profile

Corcel PLC is an upstream oil and gas development company with residual interests in battery metals. Its diversified portfolio includes projects in the onshore Kwanza Basin in Angola, legacy battery metal interests such as rare earth element appraisal in Western Australia, and an option to acquire gas production onshore Brazil.