Shares of Strategic Minerals Plc (LON:SML – Get Free Report) shot up 24.4% during mid-day trading on Thursday . The company traded as high as GBX 0.28 ($0.00) and last traded at GBX 0.28 ($0.00). 14,313,830 shares traded hands during mid-day trading, an increase of 393% from the average session volume of 2,900,659 shares. The stock had previously closed at GBX 0.23 ($0.00).
Strategic Minerals Stock Up 19.6 %
The company has a current ratio of 0.29, a quick ratio of 1.49 and a debt-to-equity ratio of 12.73. The stock’s 50-day simple moving average is GBX 0.22 and its 200-day simple moving average is GBX 0.21. The firm has a market capitalization of £6.79 million, a P/E ratio of -0.62 and a beta of 0.70.
Strategic Minerals Company Profile
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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