Critical Elements Lithium (CVE:CRE) Trading Up 1.3% - What's Next?

Critical Elements Lithium Co. (CVE:CRE - Get Free Report)'s stock price shot up 1.3% during mid-day trading on Wednesday . The company traded as high as C$0.41 and last traded at C$0.40. 46,639 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 128,581 shares. The stock had previously closed at C$0.39.

Critical Elements Lithium Stock Up 3.8%

The firm has a market capitalization of C$88.43 million, a price-to-earnings ratio of 57.11 and a beta of 0.37. The firm has a fifty day moving average price of C$0.40 and a 200 day moving average price of C$0.44. The company has a current ratio of 11.71, a quick ratio of 11.23 and a debt-to-equity ratio of 0.24.

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.