Corcel (LON:CRCL) Trading Up 13.1% – Should You Buy?

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Corcel Plc (LON:CRCLGet Free Report)’s share price was up 13.1% on Saturday . The company traded as high as GBX 0.21 ($0.00) and last traded at GBX 0.20 ($0.00). Approximately 60,522,215 shares traded hands during trading, an increase of 96% from the average daily volume of 30,892,564 shares. The stock had previously closed at GBX 0.18 ($0.00).

Corcel Stock Performance

The firm has a market capitalization of £7.90 million, a price-to-earnings ratio of -2,283.74 and a beta of 0.90. The firm has a 50 day moving average price of GBX 0.18 and a 200-day moving average price of GBX 0.17. The company has a debt-to-equity ratio of 22.60, a current ratio of 0.67 and a quick ratio of 0.09.

Corcel (LON:CRCLGet Free Report) last posted its quarterly earnings results on Monday, March 31st. The company reported GBX (0.05) ($0.00) earnings per share (EPS) for the quarter.

Corcel Company Profile

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Corcel PLC is an upstream oil and gas development company with residual interests in battery metals. Its diversified portfolio includes projects in the onshore Kwanza Basin in Angola, legacy battery metal interests such as rare earth element appraisal in Western Australia, and an option to acquire gas production onshore Brazil.

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