Corcel (LON:CRCL) Stock Price Up 13.3% – What’s Next?

Shares of Corcel Plc (LON:CRCLGet Free Report) traded up 13.3% during mid-day trading on Monday . The company traded as high as GBX 0.35 ($0.00) and last traded at GBX 0.34 ($0.00). 50,972,758 shares changed hands during mid-day trading, an increase of 54% from the average session volume of 33,162,891 shares. The stock had previously closed at GBX 0.30 ($0.00).

Corcel Stock Up 13.3%

The company has a debt-to-equity ratio of 22.60, a quick ratio of 0.09 and a current ratio of 0.67. The company has a market cap of £13.56 million, a price-to-earnings ratio of -3,921.57 and a beta of 0.90. The business has a 50-day simple moving average of GBX 0.18 and a 200-day simple moving average of GBX 0.18.

Corcel (LON:CRCLGet Free Report) last posted its quarterly earnings results on Monday, March 31st. The company reported GBX (0.05) ($0.00) earnings per share (EPS) for the quarter.

Corcel Company Profile

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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.

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