Corcel (LON:CRCL) Shares Up 12.9% – Here’s Why

Corcel Plc (LON:CRCLGet Free Report)’s share price shot up 12.9% during trading on Friday . The stock traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). 13,361,375 shares traded hands during trading, a decline of 43% from the average session volume of 23,291,740 shares. The stock had previously closed at GBX 0.16 ($0.00).

Corcel Stock Performance

The company has a debt-to-equity ratio of 44.76, a current ratio of 1.12 and a quick ratio of 0.09. The firm has a fifty day simple moving average of GBX 0.16 and a 200 day simple moving average of GBX 0.15. The company has a market capitalization of £5.32 million, a price-to-earnings ratio of -44.50 and a beta of 0.90.

About Corcel

(Get Free Report)

Corcel Plc engages in the exploration and development of natural resources and battery metals. The company owns a 41% interest in the Mambare nickel-cobalt project with license EL1390 covering an area of 256 square kilometers near Kokoda in Papua New Guinea; and Canegrass Lithium Project It has option to acquire a 100% interest in the Mt.

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