Strategic Metals (CVE:SMD) Shares Down 3.1% – Here’s Why

Shares of Strategic Metals Ltd. (CVE:SMDGet Free Report) traded down 3.1% during mid-day trading on Tuesday . The stock traded as low as C$0.16 and last traded at C$0.16. 2,500 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 27,656 shares. The stock had previously closed at C$0.16.

Strategic Metals Stock Down 3.1 %

The stock has a 50-day moving average of C$0.16 and a 200 day moving average of C$0.15. The company has a market capitalization of C$17.20 million, a PE ratio of -7.75 and a beta of 0.90. The company has a quick ratio of 10.25, a current ratio of 26.84 and a debt-to-equity ratio of 0.07.

About Strategic Metals

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Strategic Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strategic Metals and related companies with MarketBeat.com's FREE daily email newsletter.