Critical Metals (LON:CRTM) Shares Climb 15.5% – Here’s What Happened

Critical Metals Plc (LON:CRTM)’s share price was up 15.5% during mid-day trading on Monday. The stock traded as high as GBX 98 and last traded at GBX 94.75. 1,049,938 shares were traded during mid-day trading, an increase of 291% from the average session volume of 268,754 shares. The stock had previously closed at GBX 82.

Critical Metals Stock Up 17.1%

The company has a market cap of £97.69 million, a P/E ratio of 0.69 and a beta of 2.26. The company’s 50-day moving average is GBX 24.04 and its two-hundred day moving average is GBX 14.52. The company has a debt-to-equity ratio of 13.77, a current ratio of 0.20 and a quick ratio of 7.85.

Critical Metals (LON:CRTM) last posted its earnings results on Monday, October 26th. The company reported GBX (0.74) EPS for the quarter. Critical Metals had a negative return on equity of 76.30% and a net margin of 27,276.84%.

About Critical Metals

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.