Strategic Minerals (LON:SML) Trading Down 16.3% – Time to Sell?

Strategic Minerals Plc (LON:SMLGet Free Report) traded down 16.3% on Monday . The stock traded as low as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). 597,516 shares were traded during mid-day trading, a decline of 80% from the average session volume of 2,944,727 shares. The stock had previously closed at GBX 0.26 ($0.00).

Strategic Minerals Stock Down 16.3 %

The stock has a market capitalization of £5.55 million, a PE ratio of -0.51 and a beta of 0.70. The firm has a 50 day moving average of GBX 0.22 and a two-hundred day moving average of GBX 0.21. The company has a current ratio of 0.29, a quick ratio of 1.49 and a debt-to-equity ratio of 12.73.

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.

Further Reading

Receive News & Ratings for Strategic Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strategic Minerals and related companies with MarketBeat.com's FREE daily email newsletter.