Corcel (LON:CRCL) Trading Up 1.1% – Still a Buy?

Corcel Plc (LON:CRCL) shares traded up 1.1% on Thursday . The stock traded as high as GBX 0.19 ($0.00) and last traded at GBX 0.19 ($0.00). 90,437,641 shares changed hands during mid-day trading, an increase of 182% from the average session volume of 32,037,125 shares. The stock had previously closed at GBX 0.19 ($0.00).

Corcel Stock Up 1.1 %

The company’s fifty day simple moving average is GBX 0.18 and its 200-day simple moving average is GBX 0.16. The firm has a market capitalization of £7.46 million, a PE ratio of -2,156.86 and a beta of 0.90. 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:CRCL) last announced its earnings results on Monday, December 16th. The company reported GBX (0.20) ($0.00) earnings per share for the quarter.

Corcel Company Profile

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.