Strategic Minerals Plc (LON:SML – Get Free Report) shares traded up 11.6% during mid-day trading on Wednesday . The company traded as high as GBX 0.28 ($0.00) and last traded at GBX 0.28 ($0.00). 89,627 shares traded hands during trading, a decline of 97% from the average session volume of 2,824,852 shares. The stock had previously closed at GBX 0.25 ($0.00).
Strategic Minerals Price Performance
The stock’s 50 day moving average price is GBX 0.22 and its 200-day moving average price is GBX 0.21. 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 stock has a market capitalization of £5.63 million, a PE ratio of -0.51 and a beta of 0.70.
Strategic Minerals Company Profile
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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