Strategic Metals (CVE:SMD) Stock Price Down 6.9% – What’s Next?

by · The Markets Daily

Strategic Metals Ltd. (CVE:SMD – Get Free Report)’s stock price was down 6.9% during mid-day trading on Friday . The company traded as low as C$0.34 and last traded at C$0.34. Approximately 22,101 shares changed hands during trading, a decline of 65% from the average daily volume of 63,181 shares. The stock had previously closed at C$0.36.

Strategic Metals Price Performance

The firm has a 50-day moving average of C$0.31 and a 200 day moving average of C$0.33. The company has a market capitalization of C$37.20 million, a PE ratio of -33.50 and a beta of 1.55. The company has a debt-to-equity ratio of 0.07, a current ratio of 26.84 and a quick ratio of 10.24.

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. Strategic Metals Ltd. is headquartered in Vancouver, Canada.

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