Corcel (LON:CRCL) Stock Price Up 13.3% – Here’s Why

Corcel Plc (LON:CRCL)’s share price traded up 13.3% during mid-day trading on Tuesday . The company traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). 91,440,672 shares traded hands during trading, an increase of 881% from the average session volume of 9,319,924 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Stock Up 13.3 %

The company has a current ratio of 0.67, a quick ratio of 0.09 and a debt-to-equity ratio of 22.60. The stock’s 50-day moving average is GBX 0.16 and its 200-day moving average is GBX 0.15. The company has a market cap of £6.78 million, a price-to-earnings ratio of -1,960.78 and a beta of 0.90.

Corcel (LON:CRCL) last released its earnings results on Monday, December 16th. The company reported GBX (0.20) ($0.00) earnings per share (EPS) for the quarter.

Corcel Company Profile

Corcel PLC is an upstream oil and gas development company with residual interests in battery metals. Its diversified portfolio includes projects in the onshore Kwanza Basin in Angola, legacy battery metal interests such as rare earth element appraisal in Western Australia, and an option to acquire gas production onshore Brazil.