Critical Metals (LON:CRTM) Reaches New 12-Month High – What’s Next?

Shares of Critical Metals Plc (LON:CRTM – Get Free Report) reached a new 52-week high during trading on Friday. The company traded as high as GBX 29 and last traded at GBX 26, with a volume of 2752370 shares changing hands. The stock had previously closed at GBX 25.40.

Critical Metals Trading Up 2.4%

The firm has a market cap of £26.46 million, a price-to-earnings ratio of 0.19 and a beta of 2.26. The company has a quick ratio of 7.85, a current ratio of 0.20 and a debt-to-equity ratio of 13.77. The company has a 50-day moving average price of GBX 11.16 and a 200 day moving average price of GBX 10.32.

Critical Metals Company Profile

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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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