Corcel (LON:CRCL) Shares Up 5.3% – Still a Buy?

Corcel Plc (LON:CRCLGet Free Report) shares were up 5.3% on Tuesday . The company traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.16 ($0.00). Approximately 60,314,145 shares were traded during mid-day trading, an increase of 618% from the average daily volume of 8,404,438 shares. The stock had previously closed at GBX 0.15 ($0.00).

Corcel Trading Up 5.3 %

The company has a current ratio of 0.67, a quick ratio of 0.09 and a debt-to-equity ratio of 22.60. The firm has a market capitalization of £6.30 million, a price-to-earnings ratio of -1,822.38 and a beta of 0.90. The company has a fifty day moving average price of GBX 0.16 and a two-hundred day moving average price of GBX 0.15.

Corcel (LON:CRCLGet Free Report) last issued its earnings results on Monday, December 16th. The company reported GBX (0.20) ($0.00) earnings per share (EPS) for the quarter.

About Corcel

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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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