Corcel (LON:CRCL) Trading Up 20.3% – Here’s Why

Corcel Plc (LON:CRCLGet Free Report)’s share price shot up 20.3% during trading on Monday . The company traded as high as GBX 0.38 ($0.01) and last traded at GBX 0.36 ($0.00). 53,471,078 shares changed hands during mid-day trading, an increase of 63% from the average session volume of 32,878,543 shares. The stock had previously closed at GBX 0.30 ($0.00).

Corcel Trading Up 20.3%

The business has a fifty day moving average price of GBX 0.21 and a 200 day moving average price of GBX 0.18. The company has a market capitalization of £14.16 million, a PE ratio of -4,094.58 and a beta of 0.90. The company has a debt-to-equity ratio of 22.60, a quick ratio of 0.09 and a current ratio of 0.67.

Corcel (LON:CRCLGet Free Report) last released its quarterly earnings data on Monday, March 31st. The company reported GBX (0.05) ($0.00) 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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