Critical Elements Lithium Co. (CVE:CRE – Get Free Report)’s share price was up 4.5% on Friday . The stock traded as high as C$0.35 and last traded at C$0.35. Approximately 6,200 shares changed hands during trading, a decline of 96% from the average daily volume of 160,427 shares. The stock had previously closed at C$0.34.
Critical Elements Lithium Stock Up 10.4%
The company has a current ratio of 9.56, a quick ratio of 11.23 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of C$85.85 million, a P/E ratio of -37.00 and a beta of -0.95. The stock’s 50-day simple moving average is C$0.34 and its 200-day simple moving average is C$0.38.
Critical Elements Lithium Company Profile
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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