Strategic Metals Ltd. (CVE:SMD – Get Free Report) shares were up 7.1% on Friday . The stock traded as high as C$0.30 and last traded at C$0.30. 31,528 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 69,235 shares. The stock had previously closed at C$0.28.
Strategic Metals Stock Up 7.1%
The stock has a market cap of C$33.32 million, a price-to-earnings ratio of -30.00 and a beta of 1.53. The firm’s fifty day moving average price is C$0.31 and its two-hundred day moving average price is C$0.34. The company has a debt-to-equity ratio of 0.07, a current ratio of 26.84 and a quick ratio of 10.24.
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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