Critical Metals (LON:CRTM) Shares Up 15.1% – What’s Next?

Shares of Critical Metals Plc (LON:CRTM) rose 15.1% on Thursday . The company traded as high as GBX 21 and last traded at GBX 21. Approximately 211,591 shares changed hands during mid-day trading, an increase of 17% from the average daily volume of 181,077 shares. The stock had previously closed at GBX 18.25.

Critical Metals Price Performance

The company has a current ratio of 0.03, a quick ratio of 7.85 and a debt-to-equity ratio of 591.80. The business has a 50-day moving average of GBX 10.85 and a 200 day moving average of GBX 7.56. The firm has a market capitalization of £20.16 million, a PE ratio of -0.58 and a beta of 1.70.

Critical Metals (LON:CRTM) last posted its earnings results on Friday, November 7th. The company reported GBX (34.10) earnings per share (EPS) for the quarter. Critical Metals had a negative return on equity of 130.81% and a negative net margin of 5,636.57%.

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.