Strategic Minerals Plc (LON:SML – Get Free Report) traded down 12.5% during trading on Tuesday . The company traded as low as GBX 0.35 ($0.00) and last traded at GBX 0.35 ($0.00). 1,512,888 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 4,929,393 shares. The stock had previously closed at GBX 0.40 ($0.01).
Strategic Minerals Stock Down 12.0 %
The company’s 50 day moving average is GBX 0.31 and its 200 day moving average is GBX 0.25. The company has a market cap of £7.77 million, a PE ratio of -0.71 and a beta of 0.70. The company has a current ratio of 0.29, a quick ratio of 1.49 and a debt-to-equity ratio of 12.73.
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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