Critical Elements Lithium Co. (CVE:CRE – Get Free Report) was up 13% during trading on Monday . The stock traded as high as C$0.39 and last traded at C$0.39. Approximately 331,629 shares changed hands during mid-day trading, an increase of 106% from the average daily volume of 160,784 shares. The stock had previously closed at C$0.34.
Critical Elements Lithium Stock Up 15.9%
The business has a fifty day simple moving average of C$0.34 and a two-hundred day simple moving average of C$0.39. 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 company has a market cap of C$92.82 million, a PE ratio of -40.00 and a beta of -1.08.
Insider Activity at Critical Elements Lithium
In other Critical Elements Lithium news, Director Ani Andreeva Markova acquired 75,000 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was bought at an average price of C$0.40 per share, for a total transaction of C$30,000.00. Following the acquisition, the director owned 75,500 shares in the company, valued at approximately C$30,200. The trade was a 15,000.00% increase in their ownership of the stock. Insiders have bought 86,500 shares of company stock valued at $34,485 in the last ninety days. 4.27% of the stock is owned by corporate insiders.
About Critical Elements Lithium
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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