Critical Metals (LON:CRTM) Hits New 52-Week High – Here’s What Happened

Critical Metals Plc (LON:CRTM – Get Free Report)’s share price hit a new 52-week high during trading on Friday. The company traded as high as GBX 82 and last traded at GBX 82, with a volume of 2,540,081 shares trading hands. The stock had previously closed at GBX 64.

Critical Metals Price Performance

The business has a 50 day moving average of GBX 22.52 and a 200 day moving average of GBX 14. The company has a market cap of £83.45 million, a PE ratio of 0.59 and a beta of 2.26. The company has a debt-to-equity ratio of 13.77, a current ratio of 0.20 and a quick ratio of 7.85.

About Critical Metals

(Get Free Report)

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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