Strategic Metals Ltd. (CVE:SMD – Get Free Report) shares rose 1.5% on Thursday . The stock traded as high as C$0.35 and last traded at C$0.35. Approximately 8,060 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 73,305 shares. The stock had previously closed at C$0.34.
Strategic Metals Trading Down 5.8%
The firm has a market cap of C$36.09 million, a PE ratio of -32.50 and a beta of 1.51. The company has a quick ratio of 10.25, a current ratio of 26.84 and a debt-to-equity ratio of 0.07. The company’s 50 day moving average price is C$0.33 and its two-hundred day moving average price is C$0.33.
About Strategic Metals
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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