Strategic Minerals Plc (LON:SML – Get Free Report)’s stock price shot up 13.5% on Thursday . The company traded as high as GBX 0.40 ($0.01) and last traded at GBX 0.37 ($0.00). 4,877,681 shares traded hands during trading, an increase of 29% from the average session volume of 3,779,181 shares. The stock had previously closed at GBX 0.33 ($0.00).
Strategic Minerals Stock Up 29.2 %
The firm has a 50-day moving average of GBX 0.25 and a two-hundred day moving average of GBX 0.22. The company has a current ratio of 0.29, a quick ratio of 1.49 and a debt-to-equity ratio of 12.73. The firm has a market capitalization of £10.60 million, a PE ratio of -0.97 and a beta of 0.70.
About Strategic Minerals
The Company’s strategy is to utilise cash flow from existing operations to fund overheads and thereby provide a base from which to build a diversified portfolio of cash generating high quality strategic minerals operations and near term mining projects in jurisdictions where returns are commensurate with risk.
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