Strategic Metals (CVE:SMD) Sets New 52-Week High – Time to Buy?

Strategic Metals Ltd. (CVE:SMDGet Free Report)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as C$0.37 and last traded at C$0.36, with a volume of 213720 shares. The stock had previously closed at C$0.32.

Strategic Metals Trading Up 12.5%

The company has a debt-to-equity ratio of 0.07, a current ratio of 26.84 and a quick ratio of 10.25. The company has a market capitalization of C$39.94 million, a P/E ratio of 18.00 and a beta of 1.26. The firm has a fifty day moving average price of C$0.28 and a 200-day moving average price of C$0.23.

About Strategic Metals

(Get Free Report)

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. Strategic Metals Ltd. is headquartered in Vancouver, Canada.

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