Critical Elements Lithium (CVE:CRE – Get Free Report) had its target price dropped by investment analysts at Stifel Nicolaus from C$2.65 to C$1.25 in a report issued on Friday,BayStreet.CA reports. Stifel Nicolaus’ target price would indicate a potential upside of 228.95% from the company’s previous close.
Critical Elements Lithium Price Performance
Shares of CVE CRE opened at C$0.38 on Friday. The firm has a market capitalization of C$82.78 million, a PE ratio of 38.00 and a beta of 0.37. The company has a debt-to-equity ratio of 0.27, a quick ratio of 11.23 and a current ratio of 16.70. Critical Elements Lithium has a fifty-two week low of C$0.33 and a fifty-two week high of C$1.05. The stock’s 50-day simple moving average is C$0.41 and its 200-day simple moving average is C$0.47.
Critical Elements Lithium (CVE:CRE – Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported C($0.02) EPS for the quarter. As a group, equities research analysts forecast that Critical Elements Lithium will post -0.03 EPS for the current fiscal year.
Critical Elements Lithium Company Profile
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.
Featured Stories
- Five stocks we like better than Critical Elements Lithium
- How to Calculate Return on Investment (ROI)
- Top ETFs That Beat the Market in 2024 and Could Do It Again
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- J.B. Hunt Leads Truckers Lower: Buy Them While They’re Down?
- What Are Dividend Achievers? An Introduction
- MarketBeat Week in Review – 01/13 – 01/17
Receive News & Ratings for Critical Elements Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Critical Elements Lithium and related companies with MarketBeat.com's FREE daily email newsletter.