Shares of Critical Elements Lithium Co. (CVE:CRE – Get Free Report) traded up 2.9% on Friday. The stock traded as high as C$0.37 and last traded at C$0.35. 66,660 shares traded hands during trading, a decline of 58% from the average session volume of 158,156 shares. The stock had previously closed at C$0.34.
Critical Elements Lithium Trading Up 2.9%
The firm has a fifty day moving average of C$0.35 and a two-hundred day moving average of C$0.37. The company has a market cap of C$81.21 million, a PE ratio of -35.00 and a beta of -0.95. The company has a current ratio of 9.56, a quick ratio of 11.23 and a debt-to-equity ratio of 0.05.
About Critical Elements Lithium
Critical Elements Lithium Corporation engages in the acquisition, exploration, and development of mining properties in Canada. The company explores for copper, zinc, gold, silver, nickel, lead, lithium, niobium, tantalum, platinum group, and rare earth elements. Its flagship project is the Rose Lithium-Tantalum project that consists of 473 claims covering a total area of 244.99 square kilometers located in the Eastmain greenstone belt. The company was formerly known as Critical Elements Corporation and changed its name to Critical Elements Lithium Corporation in June 2019.
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