Shares of Strategic Minerals Plc (LON:SML – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 0.50 ($0.01) and last traded at GBX 0.41 ($0.01), with a volume of 15681123 shares trading hands. The stock had previously closed at GBX 0.44 ($0.01).
Strategic Minerals Trading Up 6.7 %
The firm has a fifty day moving average of GBX 0.27 and a 200 day moving average of GBX 0.23. The firm has a market capitalization of £10.09 million, a PE ratio of -0.92 and a beta of 0.70. The company has a debt-to-equity ratio of 12.73, a quick ratio of 1.49 and a current ratio of 0.29.
About Strategic Minerals
The Company’s strategy is to utilise cash flow from existing operations to fund overheads and thereby provide a base from which to build a diversified portfolio of cash generating high quality strategic minerals operations and near term mining projects in jurisdictions where returns are commensurate with risk.
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