Strategic Metals (CVE:SMD) Reaches New 1-Year High – Time to Buy?

Strategic Metals Ltd. (CVE:SMDGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.25 and last traded at C$0.25, with a volume of 144467 shares. The stock had previously closed at C$0.23.

Strategic Metals Stock Up 8.7%

The company has a debt-to-equity ratio of 0.07, a quick ratio of 10.25 and a current ratio of 26.84. The firm has a market cap of C$27.74 million, a PE ratio of -25.00 and a beta of 0.94. The stock has a fifty day moving average price of C$0.18 and a 200-day moving average price of C$0.18.

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.

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