Critical Elements Lithium (CVE:CRE) Hits New 52-Week Low – Here’s What Happened

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

Critical Elements Lithium Stock Down 2.8 %

The business’s 50 day moving average price is C$0.49 and its 200 day moving average price is C$0.52. The company has a debt-to-equity ratio of 0.27, a quick ratio of 11.23 and a current ratio of 16.70. The firm has a market cap of C$76.24 million, a price-to-earnings ratio of 35.00 and a beta of 0.37.

Critical Elements Lithium (CVE:CREGet Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported C($0.02) earnings per share for the quarter. On average, equities analysts forecast that Critical Elements Lithium Co. will post -0.03 EPS for the current year.

About Critical Elements Lithium

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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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