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Critical Elements Lithium (CVE:CRE) Trading Down 4.4% - Time to Sell?

Critical Elements Lithium logo with Basic Materials background

Critical Elements Lithium Co. (CVE:CRE - Get Free Report)'s share price traded down 4.4% during trading on Tuesday . The stock traded as low as C$0.39 and last traded at C$0.39. 91,394 shares traded hands during trading, a decline of 30% from the average session volume of 130,586 shares. The stock had previously closed at C$0.41.

Critical Elements Lithium Stock Performance

The company has a debt-to-equity ratio of 0.24, a quick ratio of 11.23 and a current ratio of 11.71. The stock's 50-day simple moving average is C$0.41 and its 200 day simple moving average is C$0.44. The company has a market cap of C$86.28 million, a PE ratio of 55.72 and a beta of 0.37.

Critical Elements Lithium Company Profile

(Get Free Report)

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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