Shares of Critical Metals Plc (LON:CRTM – Get Free Report) shot up 10.5% during mid-day trading on Tuesday . The company traded as high as GBX 10.90 and last traded at GBX 10.50. 331,656 shares changed hands during trading, an increase of 178% from the average session volume of 119,407 shares. The stock had previously closed at GBX 9.50.
Critical Metals Stock Performance
The stock has a 50-day simple moving average of GBX 9.58 and a 200-day simple moving average of GBX 11.10. The company has a debt-to-equity ratio of 13.77, a current ratio of 0.20 and a quick ratio of 7.85. The stock has a market cap of £10.69 million, a PE ratio of 0.08 and a beta of 2.20.
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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