Corcel (LON:CRCL) Hits New 1-Year High – Here’s What Happened

Corcel Plc (LON:CRCL)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as GBX 0.47 and last traded at GBX 0.46, with a volume of 10551155 shares traded. The stock had previously closed at GBX 0.45.

Corcel Stock Up 3.4%

The company has a debt-to-equity ratio of 16.99, a current ratio of 0.24 and a quick ratio of 0.09. The firm has a market cap of £39.17 million, a PE ratio of -2.71 and a beta of 0.21. The business has a fifty day moving average price of GBX 0.38 and a two-hundred day moving average price of GBX 0.37.

Corcel Company Profile

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. Founded in 2004 and listed in 2005, the company trades under the ticker CRCL on the Alternative Investment Market (AIM) of the London Stock Exchange. Corcel is led by an experienced management team with extensive sector and AIM expertise.