Corcel (LON:CRCL) Shares Up 14.8% – Should You Buy?

Corcel Plc (LON:CRCLGet Free Report)’s stock price traded up 14.8% during mid-day trading on Monday . The stock traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). 7,183,613 shares traded hands during trading, an increase of 4% from the average session volume of 6,893,800 shares. The stock had previously closed at GBX 0.16 ($0.00).

Corcel Price Performance

The company has a current ratio of 1.12, a quick ratio of 0.09 and a debt-to-equity ratio of 44.76. The firm has a market capitalization of £5.41 million, a PE ratio of -44.50 and a beta of 0.90. The business has a 50-day moving average of GBX 0.17 and a 200 day moving average of GBX 0.14.

Corcel Company Profile

(Get Free Report)

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.

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