Corcel (LON:CRCL) Shares Up 3.3% – Time to Buy?

Corcel Plc (LON:CRCLGet Free Report) shares rose 3.3% on Monday . The stock traded as high as GBX 0.33 ($0.00) and last traded at GBX 0.31 ($0.00). Approximately 30,143,602 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 32,943,637 shares. The stock had previously closed at GBX 0.30 ($0.00).

Corcel Stock Down 2.9%

The company’s 50-day simple moving average is GBX 0.19 and its 200 day simple moving average is GBX 0.18. 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 has a market cap of £13.17 million, a P/E ratio of -3,806.23 and a beta of 0.90.

Corcel (LON:CRCLGet Free Report) last released its quarterly earnings results on Monday, March 31st. The company reported GBX (0.05) ($0.00) earnings per share for the quarter.

Corcel Company Profile

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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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