Critical Metals (LON:CRTM) Sets New 12-Month High – Should You Buy?

Critical Metals Plc (LON:CRTMGet Free Report) hit a new 52-week high on Friday . The company traded as high as GBX 15 and last traded at GBX 14.15, with a volume of 510413 shares. The stock had previously closed at GBX 13.25.

Critical Metals Stock Up 6.8%

The company has a debt-to-equity ratio of 591.80, a current ratio of 0.03 and a quick ratio of 7.85. The firm’s fifty day moving average price is GBX 10.36 and its two-hundred day moving average price is GBX 7.09. The stock has a market cap of £14.40 million, a price-to-earnings ratio of -0.41 and a beta of 1.70.

Critical Metals (LON:CRTMGet Free Report) last issued its earnings results on Friday, November 7th. The company reported GBX (34.10) EPS for the quarter. Critical Metals had a negative net margin of 5,636.57% and a negative return on equity of 130.81%.

About Critical Metals

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Critical Metals is focused on acquiring and developing brownfield mining opportunities in the high-value critical metals space. The Company is focused on advancing low CAPEX and OPEX near-term production opportunities in order to generate short-term cash flow and build significant value for shareholders. Testament to this, the Company is currently developing the previously producing Molulu Copper Cobalt Mine in the Democratic Republic of Congo, and is focussed on returning the mine to production, targeting 120,000t/per annum of Copper Oxide Ore.

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