Strategic Minerals (LON:SML) Trading Down 12.5% – What’s Next?

Strategic Minerals Plc (LON:SMLGet Free Report)’s share price fell 12.5% on Wednesday . The stock traded as low as GBX 0.32 ($0.00) and last traded at GBX 0.33 ($0.00). 1,511,950 shares traded hands during trading, a decline of 69% from the average session volume of 4,862,454 shares. The stock had previously closed at GBX 0.38 ($0.00).

Strategic Minerals Stock Performance

The company has a market capitalization of £8.27 million, a P/E ratio of -0.76 and a beta of 0.70. The stock’s fifty day moving average price is GBX 0.29 and its 200-day moving average price is GBX 0.24. The company has a debt-to-equity ratio of 12.73, a quick ratio of 1.49 and a current ratio of 0.29.

About Strategic Minerals

(Get Free Report)

Strategic Minerals plc is a minerals production and development company

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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