Strategic Metals (CVE:SMD) Sets New 12-Month High – Time to Buy?

Strategic Metals Ltd. (CVE:SMDGet Free Report) shares reached a new 52-week high during trading on Wednesday . The company traded as high as C$0.43 and last traded at C$0.43, with a volume of 186073 shares trading hands. The stock had previously closed at C$0.38.

Strategic Metals Price Performance

The firm has a 50 day moving average of C$0.33 and a two-hundred day moving average of C$0.27. The company has a market cap of C$47.16 million, a PE ratio of 21.25 and a beta of 1.34. The company has a current ratio of 26.84, a quick ratio of 10.25 and a debt-to-equity ratio of 0.07.

About Strategic Metals

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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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