Strategic Minerals (LON:SML) Shares Pass Above Fifty Day Moving Average of $0.12

Shares of Strategic Minerals Plc (LON:SMLGet Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 0.12 ($0.00) and traded as high as GBX 0.33 ($0.00). Strategic Minerals shares last traded at GBX 0.28 ($0.00), with a volume of 12,519,574 shares trading hands.

Strategic Minerals Stock Performance

The stock has a fifty day simple moving average of GBX 0.12 and a two-hundred day simple moving average of GBX 0.14. The stock has a market capitalization of £5.96 million, a price-to-earnings ratio of -4.25 and a beta of 0.61. The company has a debt-to-equity ratio of 3.46, a quick ratio of 1.49 and a current ratio of 0.57.

About Strategic Minerals

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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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