Critical Metals Plc (LON:CRTM – Get Free Report) shares dropped 7.7% during trading on Monday. The company traded as low as GBX 60 and last traded at GBX 60. 2,273,469 shares changed hands during trading, an increase of 772% from the average daily volume of 260,856 shares. The stock had previously closed at GBX 65.
Critical Metals Trading Down 7.7%
The firm’s 50-day simple moving average is GBX 17.91 and its 200 day simple moving average is GBX 12.42. The firm has a market cap of £61.06 million, a P/E ratio of 0.43 and a beta of 2.26. The company has a quick ratio of 7.85, a current ratio of 0.20 and a debt-to-equity ratio of 13.77.
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.
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