Critical Metals (LON:CRTM) Trading Down 13.5% – Should You Sell?

Critical Metals Plc (LON:CRTM)’s share price traded down 13.5% during trading on Thursday . The stock traded as low as GBX 16 and last traded at GBX 16. 153,228 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 190,813 shares. The stock had previously closed at GBX 18.50.

Critical Metals Stock Down 22.9%

The stock has a market capitalization of £14.51 million, a price-to-earnings ratio of -0.42 and a beta of 1.70. The business has a 50-day moving average of GBX 12.67 and a 200-day moving average of GBX 8.83. The company has a debt-to-equity ratio of 591.80, a quick ratio of 7.85 and a current ratio of 0.03.

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

Critical Metals Company Profile

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.