Shares of Critical Elements Lithium Co. (CVE:CRE – Get Free Report) dropped 1.5% on Thursday . The stock traded as low as C$0.65 and last traded at C$0.66. Approximately 146,678 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 203,382 shares. The stock had previously closed at C$0.67.
Critical Elements Lithium Stock Down 1.5 %
The firm has a market cap of C$143.73 million, a price-to-earnings ratio of -33.00 and a beta of 0.50. The firm’s fifty day moving average is C$0.67 and its two-hundred day moving average is C$0.96. The company has a debt-to-equity ratio of 0.32, a current ratio of 18.49 and a quick ratio of 11.23.
About Critical Elements Lithium
Critical Elements Lithium Corporation engages in the acquisition, exploration, and development of mining properties in Canada. The company explores for copper, zinc, gold, silver, nickel, lead, lithium, niobium, tantalum, platinum group, and rare earth elements. Its flagship project is the Rose Lithium-Tantalum project that consists of 473 claims covering a total area of 244.99 square kilometers located in the Eastmain greenstone belt.
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