Strategic Minerals Plc (LON:SML – Get Free Report)’s stock price was up 6.7% on Thursday . The stock traded as high as GBX 0.40 ($0.01) and last traded at GBX 0.40 ($0.01). Approximately 4,583,114 shares traded hands during trading, a decline of 1% from the average daily volume of 4,631,809 shares. The stock had previously closed at GBX 0.38 ($0.00).
Strategic Minerals Stock Up 6.7 %
The business has a fifty day moving average price of GBX 0.27 and a two-hundred day moving average price of GBX 0.23. The company has a current ratio of 0.29, a quick ratio of 1.49 and a debt-to-equity ratio of 12.73. The company has a market cap of £10.09 million, a price-to-earnings ratio of -0.92 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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