Strategic Minerals Plc (LON:SML – Get Free Report) shares were up 21.5% during mid-day trading on Monday . The company traded as high as GBX 1.05 ($0.01) and last traded at GBX 1.05 ($0.01). Approximately 38,555,648 shares were traded during mid-day trading, an increase of 181% from the average daily volume of 13,708,547 shares. The stock had previously closed at GBX 0.86 ($0.01).
Strategic Minerals Stock Performance
The company has a quick ratio of 1.49, a current ratio of 0.29 and a debt-to-equity ratio of 12.73. The company has a market cap of £24.01 million, a PE ratio of 1.66 and a beta of 0.70. The business’s fifty day moving average is GBX 0.40 and its 200-day moving average is GBX 0.34.
About Strategic Minerals
In 2012, the company commenced production at its first magnetite operation, the Cobre stockpile in New Mexico, USA. Currently, the company’s main countries of operation are the UK and USA.
In March 2018, the Company completed the acquisition of the Leigh Creek Copper Mine situated in the copper rich belt of South Australia.
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