Strategic Metals Ltd. (CVE:SMD – Get Free Report)’s stock price shot up 5.6% on Tuesday . The company traded as high as C$0.19 and last traded at C$0.19. 61,000 shares changed hands during mid-day trading, an increase of 82% from the average session volume of 33,491 shares. The stock had previously closed at C$0.18.
Strategic Metals Price Performance
The stock has a market cap of C$21.08 million, a price-to-earnings ratio of -9.50 and a beta of 0.90. The stock’s 50 day moving average price is C$0.16 and its two-hundred day moving average price is C$0.15. The company has a quick ratio of 10.25, a current ratio of 26.84 and a debt-to-equity ratio of 0.07.
Strategic Metals Company Profile
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.
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