Critical Elements Lithium (CVE:CRE) Shares Up 3.2%

Critical Elements Lithium Co. (CVE:CRE)’s share price rose 3.2% during trading on Thursday . The company traded as high as C$0.66 and last traded at C$0.65. Approximately 164,954 shares changed hands during trading, a decline of 28% from the average daily volume of 230,083 shares. The stock had previously closed at C$0.63.

Critical Elements Lithium Stock Up 3.2 %

The business has a fifty day moving average of C$0.67 and a 200 day moving average of C$1.08. The company has a quick ratio of 11.23, a current ratio of 18.49 and a debt-to-equity ratio of 0.32. The firm has a market cap of C$141.56 million, a P/E ratio of -32.50 and a beta of 0.50.

Critical Elements Lithium Company Profile

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.