Corcel Plc (CRCL.L)
Corcel Plc operates in the Industrial Materials industry of the Basic Materials sector, headquartered in London, GL, GB. The stock last traded at $0.36, up 1.41% on the session, giving a market capitalisation of $33.9M. Its beta of -0.27 implies it has historically moved less than the broad market.
Corcel Plc concentrates on the exploration and development of natural resources, with a specific focus on battery metals. The company maintains a 41% ownership in Papua New Guinea's Mambare nickel-cobalt project, which encompasses 256 square kilometers under license EL1390 near Kokoda, and holds full ownership of the WoWo Gap nickel-cobalt project, also located in Papua New Guinea. Additionally, Corcel has a 50% interest in the Dempster vanadium project in Yukon, which consists of 196 mineral claims spanning 40.96 square kilometers. Beyond its mining operations, the firm is involved in energy storage, providing grid backup services, and engaging in energy trading activities, alongside developing solar and energy storage initiatives within the United Kingdom. Founded in 2004, the London, UK-headquartered company transitioned from Regency Mines Plc to Corcel Plc in August 2020.
Corcel Plc is most often compared with the following Basic Materials names: