Shares of Strategic Metals Ltd. (CVE:SMD – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.30 and last traded at C$0.29, with a volume of 61327 shares. The stock had previously closed at C$0.27.
Strategic Metals Stock Up 7.4%
The company has a market cap of C$32.18 million, a P/E ratio of -29.00 and a beta of 1.24. The company has a quick ratio of 10.25, a current ratio of 26.84 and a debt-to-equity ratio of 0.07. The company has a fifty day moving average of C$0.25 and a 200 day moving average of C$0.21.
About Strategic Metals
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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