Critical Metals Plc (LON:CRTM – Get Free Report)’s share price shot up 20% during mid-day trading on Thursday . The stock traded as high as GBX 9.50 and last traded at GBX 9.30. 440,890 shares traded hands during trading, an increase of 237% from the average session volume of 130,724 shares. The stock had previously closed at GBX 7.75.
Critical Metals Price Performance
The company’s 50-day moving average price is GBX 7.38 and its two-hundred day moving average price is GBX 9.37. The company has a debt-to-equity ratio of -305.56, a current ratio of 0.01 and a quick ratio of 7.85. The company has a market capitalization of £11.91 million, a P/E ratio of 0.08 and a beta of 2.26.
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.
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