Strategic Metals (CVE:SMD) Stock Price Down 3.4% – Here’s What Happened

Strategic Metals Ltd. (CVE:SMD – Get Free Report)’s stock price traded down 3.4% during trading on Tuesday. The company traded as low as C$0.28 and last traded at C$0.28. Approximately 1,577 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 57,431 shares. The stock had previously closed at C$0.29.

Strategic Metals Price Performance

The stock’s fifty day moving average is C$0.32 and its 200-day moving average is C$0.32. 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 stock has a market capitalization of C$31.65 million, a P/E ratio of -9.50 and a beta of 1.49.

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.

Further Reading

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