Strategic Metals (CVE:SMD) Stock Price Up 6.1% – Still a Buy?

Shares of Strategic Metals Ltd. (CVE:SMDGet Free Report) rose 6.1% on Wednesday . The stock traded as high as C$0.35 and last traded at C$0.35. Approximately 1,001 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 101,139 shares. The stock had previously closed at C$0.33.

Strategic Metals Price Performance

The company has a debt-to-equity ratio of 0.07, a current ratio of 26.84 and a quick ratio of 10.25. The firm has a market cap of C$38.83 million, a PE ratio of 17.50 and a beta of 1.42. The firm has a 50-day simple moving average of C$0.37 and a 200 day simple moving average of C$0.30.

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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