Strategic Minerals Plc (LON:SML – Get Free Report)’s stock price rose 36.2% on Tuesday . The company traded as high as GBX 0.27 ($0.00) and last traded at GBX 0.27 ($0.00). Approximately 3,933,384 shares were traded during trading, an increase of 5% from the average daily volume of 3,729,072 shares. The stock had previously closed at GBX 0.20 ($0.00).
Strategic Minerals Price Performance
The firm’s 50 day moving average price is GBX 0.22 and its two-hundred day moving average price is GBX 0.20. The company has a debt-to-equity ratio of 15.45, a current ratio of 0.60 and a quick ratio of 1.49. The stock has a market cap of £5.39 million, a PE ratio of -4.25 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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