Shares of Strategic Minerals Plc (LON:SML – Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 0.22 ($0.00) and traded as high as GBX 0.25 ($0.00). Strategic Minerals shares last traded at GBX 0.23 ($0.00), with a volume of 250,000 shares changing hands.
Strategic Minerals Price Performance
The company has a 50 day simple moving average of GBX 0.22 and a 200 day simple moving average of GBX 0.20. The company has a market capitalization of £4.65 million, a price-to-earnings ratio of -4.25 and a beta of 0.70. The company has a quick ratio of 1.49, a current ratio of 0.60 and a debt-to-equity ratio of 15.45.
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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