Critical Elements Lithium (CVE:CRE) Hits New 1-Year Low – Time to Sell?

Critical Elements Lithium Co. (CVE:CREGet Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.35 and last traded at C$0.35, with a volume of 156260 shares traded. The stock had previously closed at C$0.36.

Critical Elements Lithium Trading Up 4.1 %

The business has a 50 day moving average price of C$0.48 and a 200-day moving average price of C$0.52. The firm has a market cap of C$82.78 million, a price-to-earnings ratio of 38.00 and a beta of 0.37. The company has a quick ratio of 11.23, a current ratio of 16.70 and a debt-to-equity ratio of 0.27.

Critical Elements Lithium (CVE:CREGet Free Report) last posted its earnings results on Thursday, November 7th. The company reported C($0.02) EPS for the quarter. As a group, research analysts expect that Critical Elements Lithium Co. will post -0.03 EPS for the current fiscal year.

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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