CVE:CRE

0.70
0.04 (6.06%) 1d
0
Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Critical Elements Corp (CRE-X) has cash reserves of $40M with no revenue, losses, and negative cash flow. However, the Rose Project in Quebec is promising with an expected IRR of 82% and potential for substantial cash flow over 17 years. The company's management has a good track record, although the stock has struggled in 2023 due to lower lithium prices impacting financing confidence. Overall, CRE-X presents a promising project in a favorable location, with potential for exploration to further enhance its economics.

Consensus
Promising
Valuation
Fair Value
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

As a developer, it comes down to the quality of CRE's assets. It has $40M cash, but no revenue, losses and negative cash flow. Insiders own 4.5% and management looks good (the CEO sold Rockwood for $6B). Its Rose Project (Quebec) is quite attractive, with an expected IRR of 82% and payback less than two years. The mine when built is expected to generate substantial cash flow over 17 years, with relatively low capital costs to build (though we would expect this to increase with inflationary pressures as other mines have experienced). Project financing should be completed by the end of this year, and first production could be in 2025 (though we always add time to management's expectations). Exploration potential in the area looks good and could add to economics. Overall, a very nice project in a good location. The stock is up 35% in a year but has struggled somewhat in 2023. Lithium prices moved lower and this has impacted the confidence of expected financing partners. 
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precious metals
WEAK BUY
Will be processing tailings as well as reenergizing an open pit. Not crazy about the grades in either the tailings or the pits. Has some merits.
precious metals
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Critical Elements Corp.(CRE-X) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Critical Elements Corp. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Critical Elements Corp.(CRE-X) Frequently Asked Questions

What is Critical Elements Corp. stock symbol?

Critical Elements Corp. is a Canadian stock, trading under the symbol CRE-X on the TSX Venture Exchange (CRE-CV). It is usually referred to as TSXV:CRE or CRE-X

Is Critical Elements Corp. a buy or a sell?

In the last year, 1 stock analyst published opinions about CRE-X. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Critical Elements Corp..

Is Critical Elements Corp. a good investment or a top pick?

Critical Elements Corp. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Critical Elements Corp..

Why is Critical Elements Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Critical Elements Corp. worth watching?

1 stock analyst on Stockchase covered Critical Elements Corp. In the last year. It is a trending stock that is worth watching.

What is Critical Elements Corp. stock price?

On 2024-04-19, Critical Elements Corp. (CRE-X) stock closed at a price of $0.7.