Stillwater Critical Minerals (CVE:PGE) Trading Down 10% - Here's What Happened

Key Points

• Stillwater Critical Minerals Corp. experienced a significant drop in share price, falling 10% to C$0.27 during mid-day trading.
• The company has a market cap of C$72.46 million and a negative price-to-earnings ratio of -13.75.
• Stillwater is focused 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 - Get Free Report)'s share price dropped 10% during mid-day trading on Wednesday . The company traded as low as C$0.27 and last traded at C$0.27. Approximately 399,249 shares were traded during mid-day trading, an increase of 37% from the average daily volume of 290,579 shares. The stock had previously closed at C$0.30.

Stillwater Critical Minerals Stock Performance

The firm has a market cap of C$90.92 million, a price-to-earnings ratio of -16.75 and a beta of 1.30. The business's 50 day moving average price is C$0.25 and its 200-day moving average price is C$0.21.

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.