Strategic Metals (CVE:SMD) Trading Up 11.8% – Should You Buy?

Strategic Metals Ltd. (CVE:SMDGet Free Report) shares traded up 11.8% during mid-day trading on Tuesday . The company traded as high as C$0.19 and last traded at C$0.19. 6,000 shares were traded during mid-day trading, a decline of 79% from the average session volume of 28,965 shares. The stock had previously closed at C$0.17.

Strategic Metals Stock Up 11.8 %

The stock has a market capitalization of C$21.08 million, a PE ratio of -9.50 and a beta of 0.90. The stock’s 50-day moving average price is C$0.17 and its two-hundred day moving average price is C$0.16. The company has a debt-to-equity ratio of 0.07, a quick ratio of 10.25 and a current ratio of 26.84.

About Strategic Metals

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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.

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