Strategic Metals (CVE:SMD) Stock Price Down 3.3% – Here’s Why

Shares of Strategic Metals Ltd. (CVE:SMDGet Free Report) fell 3.3% on Monday . The stock traded as low as C$0.15 and last traded at C$0.15. 14,266 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 53,714 shares. The stock had previously closed at C$0.15.

Strategic Metals Stock Down 3.3 %

The company has a current ratio of 26.84, a quick ratio of 10.25 and a debt-to-equity ratio of 0.07. The firm has a 50 day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.16. The company has a market capitalization of C$16.09 million, a PE ratio of -7.25 and a beta of 0.90.

About Strategic Metals

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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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