Shares of Strategic Metals Ltd. (CVE:SMD – Get Free Report) rose 13.1% during trading on Friday . The company traded as high as C$0.34 and last traded at C$0.34. Approximately 201,721 shares traded 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’s fifty day moving average price is C$0.31 and its 200 day moving average price is C$0.34. The company has a current ratio of 26.84, a quick ratio of 10.24 and a debt-to-equity ratio of 0.07. The stock has a market cap of C$38.31 million, a P/E ratio of -34.50 and a beta of 1.55.
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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