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

Critical Elements Lithium logo with Basic Materials background

Critical Elements Lithium Co. (CVE:CRE - Get Free Report)'s share price shot up 1.3% during mid-day trading on Wednesday . The stock traded as high as C$0.41 and last traded at C$0.40. 46,639 shares were traded 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 Down 2.4%

The firm has a market cap of C$86.28 million, a price-to-earnings ratio of 55.72 and a beta of 0.37. The stock's 50 day moving average is C$0.40 and its 200 day moving average is C$0.44. The company has a quick ratio of 11.23, a current ratio of 11.71 and a debt-to-equity ratio of 0.24.

About Critical Elements Lithium

(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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