Corcel (LON:CRCL) Trading 15% Higher – Should You Buy?

Corcel Plc (LON:CRCLGet Free Report) shares traded up 15% on Wednesday . The stock traded as high as GBX 0.13 ($0.00) and last traded at GBX 0.13 ($0.00). 29,275,244 shares traded hands during trading, an increase of 86% from the average session volume of 15,751,979 shares. The stock had previously closed at GBX 0.11 ($0.00).

Corcel Stock Down 5.9 %

The company has a market capitalization of £4.86 million, a P/E ratio of -44.50 and a beta of 0.90. The firm’s 50 day moving average price is GBX 0.12 and its two-hundred day moving average price is GBX 0.20. 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

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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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