Corcel (LON:CRCL) Trading Up 6.7% – Should You Buy?

Corcel Plc (LON:CRCLGet Free Report) rose 6.7% during trading on Monday . The stock traded as high as GBX 0.21 ($0.00) and last traded at GBX 0.19 ($0.00). Approximately 7,736,159 shares changed hands during trading, a decline of 60% from the average daily volume of 19,173,672 shares. The stock had previously closed at GBX 0.18 ($0.00).

Corcel Price Performance

The firm has a market capitalization of £6.11 million, a PE ratio of -44.50 and a beta of 0.90. The firm’s fifty day moving average price is GBX 0.13 and its 200 day moving average price is GBX 0.18. The company has a current ratio of 1.12, a quick ratio of 0.09 and a debt-to-equity ratio of 44.76.

About Corcel

(Get Free Report)

Corcel Plc engages in the exploration and development of natural resources and battery metals. The company owns a 41% interest in the Mambare nickel-cobalt project with license EL1390 covering an area of 256 square kilometers near Kokoda in Papua New Guinea; and Canegrass Lithium Project It has option to acquire a 100% interest in the Mt.

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