Corcel (LON:CRCL) Shares Up 4.5% – Should You Buy?

Corcel Plc (LON:CRCLGet Free Report) shot up 4.5% during trading on Monday . The company traded as high as GBX 0.23 ($0.00) and last traded at GBX 0.23 ($0.00). 20,286,775 shares were traded during mid-day trading, a decline of 5% from the average session volume of 21,394,732 shares. The stock had previously closed at GBX 0.22 ($0.00).

Corcel Stock Performance

The stock has a 50 day moving average of GBX 0.14 and a 200 day moving average of GBX 0.17. The company has a quick ratio of 0.09, a current ratio of 1.12 and a debt-to-equity ratio of 44.76. The firm has a market cap of £5.59 million, a price-to-earnings ratio of -44.50 and a beta of 0.90.

Corcel Company Profile

(Get Free Report)

Corcel Plc engages in the exploration and development of natural resources and battery metals. The company owns a 41% interest in the Mambare nickel-cobalt project with license EL1390 covering an area of 256 square kilometers near Kokoda in Papua New Guinea; and Canegrass Lithium Project It has option to acquire a 100% interest in the Mt.

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