Strategic Metals Ltd. (CVE:SMD – Get Free Report) shares were down 6.9% during trading on Friday . The company traded as low as C$0.34 and last traded at C$0.34. 22,101 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 63,181 shares. The stock had previously closed at C$0.36.
Strategic Metals Stock Down 6.9%
The company has a fifty day simple moving average of C$0.31 and a 200 day simple moving average of C$0.33. The firm has a market capitalization of C$37.20 million, a P/E ratio of -33.50 and a beta of 1.55. The company has a quick ratio of 10.24, a current ratio of 26.84 and a debt-to-equity ratio of 0.07.
Strategic Metals Company Profile
Strategic Metals Ltd. acquires, explores for, and evaluates mineral properties in Canada. It explores for gold, silver, lead, zinc, copper, tin, tungsten, vanadium, and lithium metals; and deposit types, such as porphyry, skarn, epithermal vein, orogenic gold, sedex, carbonate replacement, etc. The company had a portfolio of approximately 100 projects. Strategic Metals Ltd. is headquartered in Vancouver, Canada.
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