Strategic Metals (CVE:SMD) Trading 1.6% Higher – Still a Buy?

Strategic Metals Ltd. (CVE:SMDGet Free Report)’s share price traded up 1.6% during trading on Wednesday . The company traded as high as C$0.32 and last traded at C$0.32. 72,200 shares changed hands during trading, a decline of 19% from the average session volume of 88,599 shares. The stock had previously closed at C$0.31.

Strategic Metals Stock Down 3.1%

The business has a fifty day moving average of C$0.37 and a 200 day moving average of C$0.31. The company has a market capitalization of C$34.40 million, a PE ratio of 15.50 and a beta of 1.71. The company has a current ratio of 26.84, a quick ratio of 10.25 and a debt-to-equity ratio of 0.07.

Strategic Metals Company Profile

(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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