Strategic Minerals (LON:SML) Trading 10.2% Higher – Here’s Why

Strategic Minerals Plc (LON:SMLGet Free Report)’s share price was up 10.2% on Tuesday . The company traded as high as GBX 0.25 ($0.00) and last traded at GBX 0.25 ($0.00). Approximately 5,437,329 shares traded hands during trading, an increase of 38% from the average daily volume of 3,934,026 shares. The stock had previously closed at GBX 0.23 ($0.00).

Strategic Minerals Stock Down 12.0 %

The company has a market capitalization of £4.44 million, a PE ratio of -4.25 and a beta of 0.70. The company has a current ratio of 0.60, a quick ratio of 1.49 and a debt-to-equity ratio of 15.45. The firm has a 50 day simple moving average of GBX 0.21 and a two-hundred day simple moving average of GBX 0.20.

Strategic Minerals Company Profile

(Get Free Report)

Strategic Minerals Plc engages in the exploration, development, and operation of mining projects. The company operates the Cobre mine in New Mexico, which sells magnetite for use in the cement, fertilizer, dense media/medium, paint pigment, water jet cutting, ballast, magnet, toner, coal cleaning, and landscaping markets.

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