Strategic Minerals Plc (LON:SML – Get Free Report) shares traded down 14% during mid-day trading on Monday . The company traded as low as GBX 0.30 ($0.00) and last traded at GBX 0.30 ($0.00). 225,918 shares traded hands during trading, a decline of 96% from the average session volume of 5,036,320 shares. The stock had previously closed at GBX 0.35 ($0.00).
Strategic Minerals Stock Down 7.4%
The business’s 50 day moving average is GBX 0.34 and its 200 day moving average is GBX 0.26. The company has a quick ratio of 1.49, a current ratio of 0.29 and a debt-to-equity ratio of 12.73. The company has a market cap of £7.59 million, a P/E ratio of -0.69 and a beta of 0.70.
Strategic Minerals Company Profile
In 2012, the company commenced production at its first magnetite operation, the Cobre stockpile in New Mexico, USA. Currently, the company’s main countries of operation are the UK and USA.
In March 2018, the Company completed the acquisition of the Leigh Creek Copper Mine situated in the copper rich belt of South Australia.
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