Strategic Minerals (LON:SML) Trading Up 21.5% – What’s Next?

Strategic Minerals Plc (LON:SMLGet Free Report) was up 21.5% during trading on Monday . The company traded as high as GBX 1.05 ($0.01) and last traded at GBX 1.05 ($0.01). Approximately 38,555,648 shares were traded during trading, an increase of 181% from the average daily volume of 13,708,547 shares. The stock had previously closed at GBX 0.86 ($0.01).

Strategic Minerals Stock Performance

The company has a market cap of £20.56 million, a P/E ratio of 1.43 and a beta of 0.70. The business’s 50 day simple moving average is GBX 0.43 and its 200 day simple moving average is GBX 0.35. The company has a current ratio of 0.29, a quick ratio of 1.49 and a debt-to-equity ratio of 12.73.

About Strategic Minerals

(Get Free Report)

Strategic Minerals (AIM: SML; USOTC: SMCDY) is a producing minerals company, actively developing strategic projects in the UK, United States and Australia.

In 2012, the company commenced production at its first magnetite operation, the Cobre stockpile in New Mexico, USA. Currently, the company’s main countries of operation are the UK and USA.

In March 2018, the Company completed the acquisition of the Leigh Creek Copper Mine situated in the copper rich belt of South Australia.

Read More

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