Corcel Plc (LON:CRCL – Get Free Report)’s stock price dropped 1.7% during mid-day trading on Friday. The stock traded as low as GBX 0.46 and last traded at GBX 0.46. 397,000 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 12,109,878 shares. The stock had previously closed at GBX 0.47.
Corcel Trading Down 1.7%
The business has a 50-day simple moving average of GBX 0.43 and a two-hundred day simple moving average of GBX 0.41. The stock has a market cap of £43.56 million, a price-to-earnings ratio of -2.72 and a beta of 0.21. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.45 and a quick ratio of 0.09.
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.
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