Strategic Metals (CVE:SMD) Stock Price Up 2% – Should You Buy?

Strategic Metals Ltd. (CVE:SMDGet Free Report)’s share price shot up 2% during mid-day trading on Wednesday . The company traded as high as C$0.26 and last traded at C$0.26. 33,000 shares traded hands during trading, a decline of 54% from the average session volume of 71,760 shares. The stock had previously closed at C$0.26.

Strategic Metals Stock Up 2.0%

The company has a market cap of C$28.85 million, a price-to-earnings ratio of -26.00 and a beta of 1.11. The stock’s 50-day moving average is C$0.25 and its 200-day moving average is C$0.20. The company has a current ratio of 26.84, a quick ratio of 10.25 and a debt-to-equity ratio of 0.07.

About Strategic Metals

(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.

Read More

Receive News & Ratings for Strategic Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strategic Metals and related companies with MarketBeat.com's FREE daily email newsletter.