Critical Elements Lithium Co. (CVE:CRE – Get Free Report)’s stock price dropped 4.4% on Tuesday . The stock traded as low as C$0.39 and last traded at C$0.39. Approximately 91,394 shares changed hands during trading, a decline of 30% from the average daily volume of 130,586 shares. The stock had previously closed at C$0.41.
Critical Elements Lithium Stock Down 4.4%
The company has a quick ratio of 11.23, a current ratio of 11.71 and a debt-to-equity ratio of 0.24. The company has a market capitalization of C$84.12 million, a P/E ratio of 54.33 and a beta of 0.37. The firm has a 50-day moving average price of C$0.41 and a two-hundred day moving average price of C$0.44.
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.
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