Stillwater Critical Minerals (CVE:PGE) Shares Up 23.6% - Should You Buy?

Key Points

• Stillwater Critical Minerals shares surged by 23.6%, reaching a trading price of C$0.55 after closing at C$0.45.
• Trading volume increased significantly, with over 1 million shares traded, marking a 212% rise from the average session volume.
• The company focuses on the acquisition and exploration of mineral properties, with its flagship project being the Stillwater West project in Montana.

Stillwater Critical Minerals Corp. (CVE:PGE - ) shares shot up 23.6% on Wednesday . The stock traded as high as C$0.60 and last traded at C$0.55. 1,061,424 shares traded hands during mid-day trading, an increase of 212% from the average session volume of 340,409 shares. The stock had previously closed at C$0.45.

Stillwater Critical Minerals Stock Performance

The company's 50-day moving average is C$0.31 and its 200-day moving average is C$0.24. The firm has a market cap of C$143.85 million, a price-to-earnings ratio of -26.50 and a beta of 1.45.

Stillwater Critical Minerals Company Profile

Stillwater Critical Minerals Corp., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company explores for gold, palladium, nickel, cobalt, and copper deposits, as well as platinum group metals. Its flagship project is the Stillwater West project, which comprises 763 claims covering an area of approximately 61 square kilometers located in Stillwater District, Montana.

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