Strategic Minerals Plc (LON:SML – Get Free Report)’s stock price shot up 12% on Wednesday . The company traded as high as GBX 0.28 ($0.00) and last traded at GBX 0.28 ($0.00). 374,332 shares were traded during trading, a decline of 89% from the average session volume of 3,330,397 shares. The stock had previously closed at GBX 0.25 ($0.00).
Strategic Minerals Trading Up 12.0 %
The business has a fifty day moving average of GBX 0.22 and a 200-day moving average of GBX 0.20. The company has a debt-to-equity ratio of 15.45, a quick ratio of 1.49 and a current ratio of 0.60. The company has a market capitalization of £5.66 million, a P/E 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.
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