Strategic Minerals Plc (LON:SML – Get Free Report)’s stock price traded up 11.1% during mid-day trading on Friday . The company traded as high as GBX 0.25 ($0.00) and last traded at GBX 0.25 ($0.00). 323,123 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 2,958,758 shares. The stock had previously closed at GBX 0.23 ($0.00).
Strategic Minerals Trading Up 11.1 %
The firm’s 50-day simple moving average is GBX 0.22 and its 200 day simple moving average is GBX 0.21. The company has a debt-to-equity ratio of 15.45, a current ratio of 0.60 and a quick ratio of 1.49. The firm has a market capitalization of £5.05 million, a price-to-earnings ratio of -4.25 and a beta of 0.70.
About Strategic Minerals
The Company’s strategy is to utilise cash flow from existing operations to fund overheads and thereby provide a base from which to build a diversified portfolio of cash generating high quality strategic minerals operations and near term mining projects in jurisdictions where returns are commensurate with risk.
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