Critical Elements Lithium Co. (CVE:CRE - Get Free Report)'s stock price was down 4.8% during mid-day trading on Monday . The company traded as low as C$0.59 and last traded at C$0.59. Approximately 100,845 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 218,709 shares. The stock had previously closed at C$0.62.
Analyst Ratings Changes
Separately, Stifel Nicolaus dropped their price objective on shares of Critical Elements Lithium from C$2.65 to C$1.25 in a research note on Friday, January 17th.
Check Out Our Latest Analysis on Critical Elements Lithium
Critical Elements Lithium Stock Performance
The company has a market cap of C$133.73 million, a PE ratio of 86.37 and a beta of 0.37. The stock's 50 day simple moving average is C$0.43 and its two-hundred day simple moving average is C$0.45. The company has a quick ratio of 11.23, a current ratio of 11.71 and a debt-to-equity ratio of 0.24.
Critical Elements Lithium Company Profile
(
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Critical Elements Lithium Corporation engages in the acquisition, exploration, and development of mining properties in Canada. The company explores for copper, zinc, gold, silver, nickel, lead, lithium, niobium, tantalum, platinum group, and rare earth elements. Its flagship project is the Rose Lithium-Tantalum project that consists of 473 claims covering a total area of 244.99 square kilometers located in the Eastmain greenstone belt.
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