Strategic Metals Ltd. (CVE:SMD – Get Free Report) shot up 2% during trading on Wednesday . The company traded as high as C$0.26 and last traded at C$0.26. 33,000 shares changed hands during trading, a decline of 54% from the average session volume of 71,760 shares. The stock had previously closed at C$0.26.
Strategic Metals Stock Up 2.0%
The stock has a 50 day moving average price of C$0.25 and a 200 day moving average price of C$0.20. The company has a debt-to-equity ratio of 0.07, a quick ratio of 10.25 and a current ratio of 26.84. The company has a market capitalization of C$28.85 million, a P/E ratio of -26.00 and a beta of 1.11.
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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