Strategic Metals (CVE:SMD) Sets New 1-Year High – Still a Buy?

Strategic Metals Ltd. (CVE:SMDGet Free Report)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as C$0.30 and last traded at C$0.27, with a volume of 113829 shares changing hands. The stock had previously closed at C$0.28.

Strategic Metals Stock Performance

The company has a current ratio of 26.84, a quick ratio of 10.25 and a debt-to-equity ratio of 0.07. The firm’s fifty day moving average price is C$0.25 and its 200-day moving average price is C$0.21. The company has a market cap of C$29.40 million, a P/E ratio of 13.25 and a beta of 1.24.

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.

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