Shares of Critical Metals Plc (LON:CRTM – Get Free Report) were up 17.2% during trading on Monday. The stock traded as high as GBX 34 and last traded at GBX 34. 524,673 shares traded hands during mid-day trading, an increase of 136% from the average session volume of 222,000 shares. The stock had previously closed at GBX 29.
Critical Metals Stock Up 14.3%
The business has a 50-day simple moving average of GBX 14.87 and a two-hundred day simple moving average of GBX 11.38. The stock has a market capitalization of £40.71 million, a P/E ratio of 0.29 and a beta of 2.26. The company has a quick ratio of 7.85, a current ratio of 0.20 and a debt-to-equity ratio of 13.77.
About Critical Metals
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.
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