Strategic Minerals (LON:SML) Trading 12.7% Higher – What’s Next?

Shares of Strategic Minerals Plc (LON:SMLGet Free Report) shot up 12.7% during mid-day trading on Monday . The stock traded as high as GBX 0.25 ($0.00) and last traded at GBX 0.25 ($0.00). 3,024,254 shares were traded during trading, a decline of 22% from the average session volume of 3,883,928 shares. The stock had previously closed at GBX 0.22 ($0.00).

Strategic Minerals Stock Up 23.5 %

The stock’s 50 day moving average price is GBX 0.20 and its 200-day moving average price is GBX 0.20. The company has a debt-to-equity ratio of 15.45, a quick ratio of 1.49 and a current ratio of 0.60. The company has a market cap of £5.74 million, a PE ratio of -4.25 and a beta of 0.70.

About Strategic Minerals

(Get Free Report)

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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