Strategic Metals (CVE:SMD) Stock Price Down 2.7%

Strategic Metals Ltd. (CVE:SMDGet Free Report) shares dropped 2.7% on Friday . The company traded as low as C$0.18 and last traded at C$0.18. Approximately 8,578 shares changed hands during trading, a decline of 80% from the average daily volume of 42,094 shares. The stock had previously closed at C$0.19.

Strategic Metals Stock Performance

The stock’s fifty day moving average is C$0.18 and its two-hundred day moving average is C$0.20. The firm has a market capitalization of C$19.97 million, a price-to-earnings ratio of -6.00 and a beta of 0.94. The company has a debt-to-equity ratio of 0.07, a quick ratio of 10.25 and a current ratio of 26.95.

About Strategic Metals

(Get Free Report)

Strategic Metals Ltd. acquires, explores for, and evaluates mineral properties in Canada. The company 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.

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