Critical Elements Lithium (CVE:CRE) Sets New 1-Year Low – Here’s What Happened

by · The Markets Daily

Critical Elements Lithium Co. (CVE:CRE – Get Free Report)’s share price reached a new 52-week low on Tuesday . The company traded as low as C$0.33 and last traded at C$0.34, with a volume of 266509 shares trading hands. The stock had previously closed at C$0.36.

Critical Elements Lithium Trading Down 5.6%

The company has a 50-day moving average price of C$0.43 and a 200-day moving average price of C$0.43. The firm has a market capitalization of C$77.73 million, a price-to-earnings ratio of 16.75 and a beta of -0.62. The company has a debt-to-equity ratio of 0.24, a quick ratio of 11.23 and a current ratio of 11.71.

About Critical Elements Lithium

(Get Free Report)

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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