Strategic Minerals Plc (LON:SML – Get Free Report)’s stock price hit a new 52-week high on Monday . The stock traded as high as GBX 1.95 and last traded at GBX 1.80, with a volume of 67093148 shares trading hands. The stock had previously closed at GBX 1.73.
Strategic Minerals Trading Up 4.0%
The company has a quick ratio of 1.49, a current ratio of 0.29 and a debt-to-equity ratio of 12.73. The company’s fifty day moving average price is GBX 0.71 and its two-hundred day moving average price is GBX 0.44. The firm has a market cap of £42.29 million, a PE ratio of 2.93 and a beta of 0.70.
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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