Strategic Metals Ltd. (CVE:SMD – Get Free Report)’s stock price shot up 6.5% on Monday . The company traded as high as C$0.17 and last traded at C$0.17. 13,300 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 56,100 shares. The stock had previously closed at C$0.16.
Strategic Metals Stock Performance
The company has a market capitalization of C$18.31 million, a price-to-earnings ratio of -8.25 and a beta of 0.90. The company has a debt-to-equity ratio of 0.07, a current ratio of 26.84 and a quick ratio of 10.25. The stock has a 50 day moving average price of C$0.15 and a two-hundred day moving average price of C$0.17.
Strategic Metals (CVE:SMD – Get Free Report) last announced its earnings results on Wednesday, August 28th. The company reported C($0.01) earnings per share for the quarter.
About Strategic Metals
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.
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