Strategic Minerals Plc (LON:SML – Get Free Report) shares dropped 11.1% during trading on Wednesday . The company traded as low as GBX 0.20 ($0.00) and last traded at GBX 0.20 ($0.00). Approximately 2,821,736 shares traded hands during mid-day trading, an increase of 22% from the average daily volume of 2,317,138 shares. The stock had previously closed at GBX 0.23 ($0.00).
Strategic Minerals Trading Down 10.0 %
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 business has a 50 day simple moving average of GBX 0.22 and a two-hundred day simple moving average of GBX 0.20. The stock has a market cap of £3.82 million, a price-to-earnings ratio of -4.25 and a beta of 0.70.
About Strategic Minerals
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.
Read More
- Five stocks we like better than Strategic Minerals
- What Are the FAANG Stocks and Are They Good Investments?
- Driving Forward: Lucid’s Growing Sales and Gravity SUV’s Impact
- With Risk Tolerance, One Size Does Not Fit All
- Why Amazon’s Next Earnings Could Trigger a Stock Breakout
- Which Wall Street Analysts are the Most Accurate?
- With This Kind of Data, The Fed Isn’t Cutting Rates This Year
Receive News & Ratings for Strategic Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strategic Minerals and related companies with MarketBeat.com's FREE daily email newsletter.
