Strategic Minerals (LON:SML) Trading Up 10.7% – Should You Buy?

Shares of Strategic Minerals Plc (LON:SMLGet Free Report) were up 10.7% during trading on Wednesday . The stock traded as high as GBX 0.25 ($0.00) and last traded at GBX 0.25 ($0.00). Approximately 52,881 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 2,826,266 shares. The stock had previously closed at GBX 0.23 ($0.00).

Strategic Minerals Trading Down 1.2 %

The company has a debt-to-equity ratio of 12.73, a current ratio of 0.29 and a quick ratio of 1.49. The firm has a market capitalization of £6.23 million, a P/E ratio of -0.57 and a beta of 0.70. The business’s 50-day moving average is GBX 0.22 and its 200 day moving average is GBX 0.21.

About Strategic Minerals

(Get Free Report)

Strategic Minerals plc is a minerals production and development company

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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