Critical Elements Lithium Co. (CVE:CRE – Get Free Report) rose 1.3% during mid-day trading on Wednesday . The company traded as high as C$0.41 and last traded at C$0.40. Approximately 46,639 shares changed hands during trading, a decline of 64% from the average daily volume of 128,581 shares. The stock had previously closed at C$0.39.
Critical Elements Lithium Stock Performance
The business’s fifty day moving average price is C$0.40 and its 200-day moving average price is C$0.44. The stock has a market cap of C$85.20 million, a PE ratio of 55.02 and a beta of 0.37. The company has a debt-to-equity ratio of 0.24, a quick ratio of 11.23 and a current ratio of 11.71.
Critical Elements Lithium Company Profile
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.
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