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Critical Elements (CRECF) Receives a Buy from Stifel Nicolaus

Stifel Nicolaus analyst Cole McGill maintained a Buy rating on Critical Elements (CRECFResearch Report) today and set a price target of C$3.25. The company’s shares closed yesterday at $0.51.

According to TipRanks, McGill is an analyst with an average return of -14.5% and a 36.84% success rate. McGill covers the Basic Materials sector, focusing on stocks such as Lithium Americas (Argentina) Corp., Hudbay Minerals, and Capstone Copper.

Currently, the analyst consensus on Critical Elements is a Moderate Buy with an average price target of $2.35.

CRECF market cap is currently $110.5M and has a P/E ratio of -50.40.

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Critical Elements (CRECF) Company Description:

Critical Elements Lithium Corp. engages in acquisition, exploration, and development of mining properties. Its project includes Rose lithium-tantalum, Nisk, Arques, Bourier, Caumont, Dumulon, Duval, Lemare, and Valiquette. The company was founded on September 11, 2006 and is headquartered in Montréal, Canada.

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