Corcel (LON:CRCL) Shares Up 17.8% – Still a Buy?

Corcel Plc (LON:CRCLGet Free Report) shot up 17.8% during trading on Thursday . The stock traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.17 ($0.00). 61,031,398 shares changed hands during trading, an increase of 107% from the average session volume of 29,539,582 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Stock Performance

The company’s 50-day moving average is GBX 0.17 and its two-hundred day moving average is GBX 0.17. The company has a market capitalization of £6.74 million, a P/E ratio of -1,949.25 and a beta of 0.90. The company has a quick ratio of 0.09, a current ratio of 0.67 and a debt-to-equity ratio of 22.60.

Corcel (LON:CRCLGet Free Report) last issued its quarterly earnings results on Monday, March 31st. The company reported GBX (0.05) ($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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