Strategic Metals (CVE:SMD) Reaches New 52-Week High – Still a Buy?

Shares of Strategic Metals Ltd. (CVE:SMDGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.43 and last traded at C$0.43, with a volume of 186073 shares. The stock had previously closed at C$0.38.

Strategic Metals Price Performance

The company has a quick ratio of 10.25, a current ratio of 26.84 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of C$46.60 million, a PE ratio of 21.00 and a beta of 1.34. The stock has a 50-day moving average price of C$0.34 and a 200 day moving average price of C$0.27.

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.

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