Strategic Minerals Plc (LON:SML – Get Free Report) shares shot up 12% during mid-day trading on Wednesday . The company traded as high as GBX 0.28 ($0.00) and last traded at GBX 0.28 ($0.00). 374,332 shares changed hands during trading, a decline of 89% from the average session volume of 3,330,397 shares. The stock had previously closed at GBX 0.25 ($0.00).
Strategic Minerals Stock Down 4.4 %
The firm has a market cap of £4.83 million, a P/E ratio of -4.25 and a beta of 0.70. The company has a current ratio of 0.60, a quick ratio of 1.49 and a debt-to-equity ratio of 15.45. The business has a 50-day moving average price of GBX 0.22 and a 200-day moving average price of GBX 0.20.
Strategic Minerals Company Profile
The Company’s strategy is to utilise cash flow from existing operations to fund overheads and thereby provide a base from which to build a diversified portfolio of cash generating high quality strategic minerals operations and near term mining projects in jurisdictions where returns are commensurate with risk.
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