Strategic Minerals Plc (LON:SML – Get Free Report)’s share price rose 24.4% during trading on Thursday . The stock traded as high as GBX 0.28 ($0.00) and last traded at GBX 0.28 ($0.00). Approximately 14,313,830 shares were traded during trading, an increase of 393% from the average daily volume of 2,900,659 shares. The stock had previously closed at GBX 0.23 ($0.00).
Strategic Minerals Trading Up 5.2 %
The company has a current ratio of 0.29, a quick ratio of 1.49 and a debt-to-equity ratio of 12.73. The firm has a 50-day moving average of GBX 0.22 and a 200 day moving average of GBX 0.21. The company has a market cap of £6.63 million, a P/E ratio of -0.61 and a beta of 0.70.
About Strategic Minerals
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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