Critical Metals (LON:CRTM) Trading Up 16.2% – Here’s What Happened

Critical Metals Plc (LON:CRTM) traded up 16.2% during mid-day trading on Thursday . The company traded as high as GBX 13.07 and last traded at GBX 13.07. 140,162 shares were traded during trading, an increase of 229% from the average session volume of 42,636 shares. The stock had previously closed at GBX 11.25.

Critical Metals Price Performance

The stock has a 50 day simple moving average of GBX 10.30 and a two-hundred day simple moving average of GBX 7.05. The company has a debt-to-equity ratio of 591.80, a quick ratio of 7.85 and a current ratio of 0.03. The firm has a market cap of £13.71 million, a PE ratio of -0.40 and a beta of 1.70.

Critical Metals (LON:CRTM) last announced its quarterly earnings results on Friday, November 7th. The company reported GBX (34.10) earnings per share (EPS) for the quarter. Critical Metals had a negative net margin of 5,636.57% and a negative return on equity of 130.81%.

Critical Metals Company Profile

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.