Strategic Metals (CVE:SMD) Trading Down 3.1% – What’s Next?

Strategic Metals Ltd. (CVE:SMDGet Free Report) shares traded down 3.1% during trading on Monday . The company traded as low as C$0.16 and last traded at C$0.16. 35,000 shares were traded during trading, a decline of 37% from the average session volume of 55,799 shares. The stock had previously closed at C$0.16.

Strategic Metals Price Performance

The stock has a market capitalization of C$17.20 million, a price-to-earnings ratio of -7.75 and a beta of 0.90. The company has a 50-day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.16. The company has a debt-to-equity ratio of 0.07, a current ratio of 26.84 and a quick ratio of 10.25.

About Strategic Metals

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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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