Stanmore Coal (ASX:SMR) Stock Price Down 3.3%

Stanmore Coal Limited (ASX:SMR) shares dropped 3.3% during mid-day trading on Friday . The company traded as low as A$1.47 ($1.04) and last traded at A$1.49 ($1.05), approximately 285,532 shares changed hands during mid-day trading. The stock had previously closed at A$1.54 ($1.09).

The stock has a market capitalization of $380.36 million and a PE ratio of 19.54. The firm’s fifty day moving average price is A$1.41. The company has a current ratio of 1.01, a quick ratio of 0.68 and a debt-to-equity ratio of 25.03.

About Stanmore Coal (ASX:SMR)

Stanmore Coal Limited explores, produces, and sells metallurgical and thermal coal in Australia. It holds interest in the Isaac Plains, Isaac Downs, Belview, The Range, Lilyvale, Mackenzie, Tennyson, and Clifford projects in the Bowen and Surat basins of Queensland. The company also exports its products.

Further Reading: Stochastic Momentum Index (SMI)

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