Critical Elements Lithium (CVE:CRE - Get Free Report) had its price target dropped by analysts at Stifel Nicolaus from C$2.65 to C$1.25 in a research report issued on Friday,BayStreet.CA reports. Stifel Nicolaus' target price points to a potential upside of 228.95% from the company's current price.
Critical Elements Lithium Price Performance
CRE traded down C$0.01 during trading hours on Friday, hitting C$0.38. The company's stock had a trading volume of 252,578 shares, compared to its average volume of 126,670. The stock has a market cap of C$82.78 million, a price-to-earnings ratio of 38.00 and a beta of 0.37. The business's 50-day moving average price is C$0.41 and its 200-day moving average price is C$0.47. The company has a current ratio of 16.70, a quick ratio of 11.23 and a debt-to-equity ratio of 0.27. Critical Elements Lithium has a 12 month low of C$0.33 and a 12 month high of C$1.05.
Critical Elements Lithium (CVE:CRE - Get Free Report) last posted its earnings results on Thursday, November 7th. The company reported C($0.02) earnings per share for the quarter. Sell-side analysts expect that Critical Elements Lithium will post -0.03 earnings per share for the current fiscal year.
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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