Corcel (LON:CRCL) Trading Up 13.3% – What’s Next?

Corcel Plc (LON:CRCLGet Free Report) shares were up 13.3% during mid-day trading on Monday . The stock traded as high as GBX 0.35 ($0.00) and last traded at GBX 0.34 ($0.00). Approximately 50,972,758 shares changed hands during mid-day trading, an increase of 54% from the average daily volume of 33,162,891 shares. The stock had previously closed at GBX 0.30 ($0.00).

Corcel Stock Up 2.9%

The stock has a market capitalization of £13.96 million, a price-to-earnings ratio of -4,036.91 and a beta of 0.90. The firm’s fifty day moving average is GBX 0.19 and its 200-day 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.

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