Shares of Strategic Metals Ltd. (CVE:SMD – Get Free Report) dropped 5.1% during mid-day trading on Friday . The stock traded as low as C$0.19 and last traded at C$0.19. Approximately 25,000 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 55,573 shares. The stock had previously closed at C$0.20.
Strategic Metals Trading Down 5.1 %
The firm has a market cap of C$20.53 million, a price-to-earnings ratio of -6.17 and a beta of 0.94. The company has a fifty day moving average price of C$0.19 and a 200-day moving average price of C$0.20. The company has a current ratio of 26.95, a quick ratio of 10.25 and a debt-to-equity ratio of 0.07.
About Strategic Metals
Strategic Metals Ltd. acquires, explores for, and evaluates mineral properties in Canada. The company 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.
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