Strategic Minerals Plc (LON:SML – Get Free Report)’s share price traded down 14.8% on Thursday . The stock traded as low as GBX 0.21 ($0.00) and last traded at GBX 0.21 ($0.00). 1,013,880 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 3,809,463 shares. The stock had previously closed at GBX 0.25 ($0.00).
Strategic Minerals Trading Down 11.1 %
The company’s 50-day moving average price is GBX 0.22 and its 200 day moving average price is GBX 0.20. The stock has a market cap of £4.04 million, a PE ratio of -4.25 and a beta of 0.70. The company has a debt-to-equity ratio of 15.45, a quick ratio of 1.49 and a current ratio of 0.60.
About Strategic Minerals
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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