Canada Rare Earth (CVE:LL) Hits New 52-Week High – Should You Buy?

Canada Rare Earth Corp. (CVE:LL) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03, with a volume of 10000 shares traded. The stock had previously closed at C$0.02.

Canada Rare Earth Stock Up 25.0 %

The firm has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The stock has a market capitalization of C$5.29 million, a P/E ratio of -3.50 and a beta of 0.53. The company has a quick ratio of 0.34, a current ratio of 0.71 and a debt-to-equity ratio of 20,260.85.

About Canada Rare Earth

Canada Rare Earth Corp., a development stage company, focuses on developing an integrated business within the rare earth industry in Asia. The company offers high-purity rare earth oxides, rare earth fluorides, larger particle/nano rare earth oxides, and other products. Its products are used in various industries, such as high-end electronics, lighting solutions, ceramic and glass, catalytic and cracking, magnets, and atomic energy.