Corcel (LON:CRCL) Shares Up 4.7% – Should You Buy?

Shares of Corcel Plc (LON:CRCLGet Free Report) traded up 4.7% during mid-day trading on Tuesday . The stock traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.16 ($0.00). 87,865,109 shares were traded during mid-day trading, an increase of 854% from the average session volume of 9,214,760 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Trading Up 13.3 %

The firm has a market cap of £6.78 million, a price-to-earnings ratio of -1,960.78 and a beta of 0.90. The company has a debt-to-equity ratio of 22.60, a current ratio of 0.67 and a quick ratio of 0.09. The firm’s fifty day moving average is GBX 0.16 and its 200-day moving average is GBX 0.15.

Corcel (LON:CRCLGet Free Report) last released its earnings results on Monday, December 16th. The company reported GBX (0.20) ($0.00) earnings per share (EPS) for the quarter.

About Corcel

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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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