Canada Rare Earth (CVE:LL) Hits New 12-Month Low – Time to Sell?

Canada Rare Earth Corp. (CVE:LL)’s share price reached a new 52-week low on Thursday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 21063 shares trading hands. The stock had previously closed at C$0.02.

Canada Rare Earth Price Performance

The company has a debt-to-equity ratio of 20,260.85, a quick ratio of 0.34 and a current ratio of 0.71. The company has a market capitalization of C$3.17 million, a PE ratio of -3.50 and a beta of 0.53. The firm’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.

Canada Rare Earth Company Profile

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.