Strategic Minerals (LON:SML) Shares Down 11.8% – What’s Next?

Strategic Minerals Plc (LON:SMLGet Free Report) shares were down 11.8% on Monday . The company traded as low as GBX 0.19 ($0.00) and last traded at GBX 0.19 ($0.00). Approximately 3,427,810 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 3,744,533 shares. The stock had previously closed at GBX 0.22 ($0.00).

Strategic Minerals Trading Up 11.4 %

The firm has a market capitalization of £3.94 million, a P/E ratio of -4.25 and a beta of 0.70. The stock’s 50-day simple moving average is GBX 0.20 and its two-hundred day simple moving average is GBX 0.20. The company has a debt-to-equity ratio of 15.45, a current ratio of 0.60 and a quick ratio of 1.49.

About Strategic Minerals

(Get Free Report)

Strategic Minerals Plc engages in the exploration, development, and operation of mining projects. The company operates the Cobre mine in New Mexico, which sells magnetite for use in the cement, fertilizer, dense media/medium, paint pigment, water jet cutting, ballast, magnet, toner, coal cleaning, and landscaping markets.

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