Corcel (LON:CRCL) Posts Earnings Results

Corcel (LON:CRCL) posted its earnings results on Monday. The company reported GBX (0.09) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Corcel Trading Down 4.6%

CRCL opened at GBX 0.37 on Wednesday. The firm’s 50 day moving average is GBX 0.35 and its 200-day moving average is GBX 0.37. Corcel has a 52-week low of GBX 0.14 and a 52-week high of GBX 0.47. The company has a quick ratio of 0.09, a current ratio of 0.67 and a debt-to-equity ratio of 22.60. The firm has a market capitalization of £28.49 million, a P/E ratio of -2.33 and a beta of 0.90.

About Corcel

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. Founded in 2004 and listed in 2005, the company trades under the ticker CRCL on the Alternative Investment Market (AIM) of the London Stock Exchange. Corcel is led by an experienced management team with extensive sector and AIM expertise.