Shares of Strategic Metals Ltd. (CVE:SMD – Get Free Report) rose 1.6% during trading on Wednesday . The company traded as high as C$0.32 and last traded at C$0.32. Approximately 72,200 shares traded hands during mid-day trading, a decline of 19% from the average daily volume of 88,599 shares. The stock had previously closed at C$0.31.
Strategic Metals Stock Up 1.6%
The business’s 50-day moving average is C$0.37 and its two-hundred day moving average is C$0.31. The firm has a market capitalization of C$34.95 million, a price-to-earnings ratio of 15.75 and a beta of 1.71. The company has a debt-to-equity ratio of 0.07, a quick ratio of 10.25 and a current ratio of 26.84.
Strategic Metals Company Profile
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. Strategic Metals Ltd. is headquartered in Vancouver, Canada.
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