Strategic Metals Ltd. (CVE:SMD – Get Free Report) shares shot up 13.1% during mid-day trading on Friday . The company traded as high as C$0.34 and last traded at C$0.34. 201,721 shares changed hands during mid-day trading, an increase of 201% from the average daily volume of 66,906 shares. The stock had previously closed at C$0.30.
Strategic Metals Stock Up 13.1%
The stock has a market capitalization of C$38.31 million, a price-to-earnings ratio of -34.50 and a beta of 1.55. The company has a debt-to-equity ratio of 0.07, a current ratio of 26.84 and a quick ratio of 10.24. The business has a fifty day moving average of C$0.31 and a 200 day moving average of C$0.34.
About Strategic Metals
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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