Corcel (LON:CRCL) Shares Up 4.7% – Should You Buy?

Corcel Plc (LON:CRCLGet Free Report) shares rose 4.7% on Tuesday . The stock traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.16 ($0.00). Approximately 87,865,109 shares changed hands during mid-day trading, an increase of 854% from the average daily volume of 9,214,760 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Trading Up 13.3 %

The company has a quick ratio of 0.09, a current ratio of 0.67 and a debt-to-equity ratio of 22.60. The firm’s 50-day moving average price is GBX 0.16 and its 200 day moving average price is GBX 0.15. The company has a market capitalization of £6.78 million, a P/E ratio of -1,960.78 and a beta of 0.90.

Corcel (LON:CRCLGet Free Report) last posted its earnings results on Monday, December 16th. The company reported GBX (0.20) ($0.00) EPS for the quarter.

About Corcel

(Get Free Report)

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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