Corcel (LON:CRCL) Trading 14.8% Higher – Here’s Why

Corcel Plc (LON:CRCLGet Free Report) shares traded up 14.8% during trading on Monday . The stock traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). 7,183,613 shares traded hands during trading, an increase of 4% from the average session volume of 6,893,800 shares. The stock had previously closed at GBX 0.16 ($0.00).

Corcel Trading Up 14.8 %

The company has a debt-to-equity ratio of 44.76, a current ratio of 1.12 and a quick ratio of 0.09. The company has a market capitalization of £5.41 million, a price-to-earnings ratio of -44.50 and a beta of 0.90. The business’s 50-day moving average price is GBX 0.17 and its two-hundred day moving average price is GBX 0.14.

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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