Strategic Minerals Plc (LON:SML – Get Free Report)’s share price was up 28.9% on Monday . The stock traded as high as GBX 0.60 ($0.01) and last traded at GBX 0.58 ($0.01). Approximately 28,488,240 shares changed hands during mid-day trading, an increase of 235% from the average daily volume of 8,497,557 shares. The stock had previously closed at GBX 0.45 ($0.01).
Strategic Minerals Price Performance
The company has a market cap of £14.10 million, a P/E ratio of 97.72 and a beta of 0.70. The company has a debt-to-equity ratio of 12.73, a quick ratio of 1.49 and a current ratio of 0.29. The firm’s fifty day moving average is GBX 0.34 and its two-hundred day moving average is GBX 0.33.
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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