Shares of Critical Elements Lithium Co. (CVE:CRE – Get Free Report) rose 4.5% during mid-day trading on Friday . The stock traded as high as C$0.35 and last traded at C$0.35. Approximately 6,200 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 160,427 shares. The stock had previously closed at C$0.34.
Critical Elements Lithium Stock Up 7.5%
The company has a quick ratio of 11.23, a current ratio of 9.56 and a debt-to-equity ratio of 0.05. The company has a market capitalization of C$83.53 million, a PE ratio of -36.00 and a beta of -0.95. The stock has a 50-day moving average of C$0.34 and a 200 day moving average of C$0.38.
About Critical Elements Lithium
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. The company was formerly known as Critical Elements Corporation and changed its name to Critical Elements Lithium Corporation in June 2019.
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