Critical Elements Lithium (CVE:CRE) Sets New 1-Year Low – Here’s What Happened

Posted by Scott Moore on Feb 5th, 2025

Critical Elements Lithium Co. (CVE:CRE – Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.34 and last traded at C$0.34, with a volume of 89943 shares changing hands. The stock had previously closed at C$0.35.

Analyst Ratings Changes

Separately, Stifel Nicolaus lowered their price objective on Critical Elements Lithium from C$2.65 to C$1.25 in a report on Friday, January 17th.

Read Our Latest Research Report on CRE

Critical Elements Lithium Price Performance

The business’s 50-day simple moving average is C$0.39 and its 200 day simple moving average is C$0.44. The company has a current ratio of 16.70, a quick ratio of 11.23 and a debt-to-equity ratio of 0.27. The company has a market capitalization of C$82.34 million, a P/E ratio of 37.80 and a beta of 0.37.

Critical Elements Lithium (CVE:CRE – Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The company reported C($0.02) earnings per share (EPS) for the quarter. As a group, sell-side analysts anticipate that Critical Elements Lithium Co. will post -0.03 EPS for the current year.

Critical Elements Lithium Company Profile

(Get Free Report)

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.