Strategic Minerals (LON:SML) Shares Up 12.7% – Time to Buy?

Strategic Minerals Plc (LON:SMLGet Free Report)’s stock price rose 12.7% during trading on Monday . The company traded as high as GBX 0.25 ($0.00) and last traded at GBX 0.25 ($0.00). Approximately 3,024,254 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 3,883,928 shares. The stock had previously closed at GBX 0.22 ($0.00).

Strategic Minerals Price Performance

The firm’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. The firm has a market capitalization of £5.01 million, a P/E ratio of -4.25 and a beta of 0.70.

Strategic Minerals Company Profile

(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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