Strategic Minerals (LON:SML) Shares Pass Below 50-Day Moving Average of $0.28

Strategic Minerals Plc (LON:SMLGet Rating)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 0.28 ($0.00) and traded as low as GBX 0.26 ($0.00). Strategic Minerals shares last traded at GBX 0.30 ($0.00), with a volume of 2,990,446 shares trading hands.

Strategic Minerals Stock Performance

The stock’s 50 day moving average price is GBX 0.28 and its 200 day moving average price is GBX 0.30. The company has a debt-to-equity ratio of 5.24, a quick ratio of 1.63 and a current ratio of 1.65. The company has a market capitalization of £6.05 million and a P/E ratio of -4.25.

About Strategic Minerals

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Strategic Minerals Plc engages in the exploration, development, and operation of mining projects. The company operates the Cobre mine in New Mexico, which sells magnetite for use in the cement, fertilizer, dense media/medium, paint pigment, water jet cutting, ballast, magnet, toner, coal cleaning, and landscaping markets.

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