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

Shares of Strategic Metals Ltd. (CVE:SMDGet Free Report) were down 3.1% during trading on Tuesday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 2,500 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 27,656 shares. The stock had previously closed at C$0.16.

Strategic Metals Trading Down 3.1 %

The stock has a market cap of C$17.20 million, a P/E ratio of -7.75 and a beta of 0.90. The company has a debt-to-equity ratio of 0.07, a quick ratio of 10.25 and a current ratio of 26.84. The firm’s fifty day simple moving average is C$0.16 and its 200-day simple moving average is C$0.15.

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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