Strategic Minerals (LON:SML) Shares Up 10.2% – What’s Next?

Strategic Minerals Plc (LON:SMLGet Free Report) rose 10.2% on Tuesday . The company traded as high as GBX 0.25 ($0.00) and last traded at GBX 0.25 ($0.00). Approximately 5,437,329 shares were traded during trading, an increase of 38% from the average daily volume of 3,934,026 shares. The stock had previously closed at GBX 0.23 ($0.00).

Strategic Minerals Stock Performance

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 firm has a market cap of £5.56 million, a P/E ratio of -4.25 and a beta of 0.70. The firm’s fifty day moving average price is GBX 0.21 and its 200 day moving average price is GBX 0.19.

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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