Strategic Minerals Plc (LON:SML – Get Free Report)’s stock price was down 8.8% during trading on Tuesday . The company traded as low as GBX 1.55 and last traded at GBX 1.65. Approximately 109,130,477 shares were traded during mid-day trading, an increase of 519% from the average daily volume of 17,635,953 shares. The stock had previously closed at GBX 1.81.
Strategic Minerals Stock Down 13.8%
The business has a fifty day moving average of GBX 0.60 and a 200 day moving average of GBX 0.41. The stock has a market cap of £36.65 million, a price-to-earnings ratio of 2.54 and a beta of 0.70. The company has a debt-to-equity ratio of 12.73, a current ratio of 0.29 and a quick ratio of 1.49.
About Strategic Minerals
In 2012, the company commenced production at its first magnetite operation, the Cobre stockpile in New Mexico, USA. Currently, the company’s main countries of operation are the UK and USA.
In March 2018, the Company completed the acquisition of the Leigh Creek Copper Mine situated in the copper rich belt of South Australia.
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