Shares of Strategic Metals Ltd. (CVE:SMD – Get Free Report) were up 11.8% on Tuesday . The stock traded as high as C$0.19 and last traded at C$0.19. Approximately 6,000 shares changed hands during trading, a decline of 79% from the average daily volume of 28,965 shares. The stock had previously closed at C$0.17.
Strategic Metals Trading Down 7.9 %
The firm’s 50-day moving average price is C$0.17 and its 200-day moving average price is C$0.16. The company has a market cap of C$19.42 million, a P/E ratio of -8.75 and a beta of 0.90. The company has a quick ratio of 10.25, a current ratio of 26.84 and a debt-to-equity ratio of 0.07.
Strategic Metals Company Profile
Strategic Metals Ltd. acquires, explores for, and evaluates mineral properties in Canada. It explores for gold, silver, lead, zinc, copper, tin, tungsten, vanadium, and lithium metals; and deposit types, such as porphyry, skarn, epithermal vein, orogenic gold, sedex, carbonate replacement, etc. The company had a portfolio of approximately 100 projects.
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