Shares of Strategic Metals Ltd. (CVE:SMD – Get Free Report) hit a new 52-week low during trading on Wednesday. The stock traded as low as C$0.21 and last traded at C$0.24, with a volume of 57,508 shares trading hands. The stock had previously closed at C$0.24.
Strategic Metals Stock Down 6.2%
The business has a fifty day moving average of C$0.30 and a 200 day moving average of C$0.33. The firm has a market cap of C$24.99 million, a P/E ratio of -7.50 and a beta of 1.21. The company has a quick ratio of 10.24, a current ratio of 26.84 and a debt-to-equity ratio of 0.07.
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. Strategic Metals Ltd. is headquartered in Vancouver, Canada.
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