Strategic Metals (CVE:SMD) Reaches New 12-Month High – Should You Buy?

by · The Markets Daily

Strategic Metals Ltd. (CVE:SMD – Get Free Report)’s share price hit a new 52-week high on Friday . The stock traded as high as C$0.30 and last traded at C$0.27, with a volume of 113829 shares trading hands. The stock had previously closed at C$0.28.

Strategic Metals Price Performance

The stock has a market capitalization of C$29.40 million, a P/E ratio of 13.25 and a beta of 1.24. The company has a 50 day moving average of C$0.25 and a 200-day moving average of C$0.21. The company has a quick ratio of 10.25, a current ratio of 26.84 and a debt-to-equity ratio of 0.07.

Strategic Metals Company Profile

(Get Free Report)

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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