Strategic Minerals (LON:SML) Trading Down 2.4% – What’s Next?

Shares of Strategic Minerals Plc (LON:SMLGet Free Report) were down 2.4% on Monday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 0.20 ($0.00). Approximately 1,642,688 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 2,630,695 shares. The stock had previously closed at GBX 0.21 ($0.00).

Strategic Minerals Stock Down 20.0 %

The company has a debt-to-equity ratio of 12.73, a quick ratio of 1.49 and a current ratio of 0.29. The firm’s 50-day moving average is GBX 0.22 and its two-hundred day moving average is GBX 0.21. The stock has a market cap of £5.05 million, a P/E ratio of -0.46 and a beta of 0.70.

About Strategic Minerals

(Get Free Report)

Strategic Minerals plc is a minerals production and development company

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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