Strategic Minerals (LON:SML) Trading 11.4% Higher – Time to Buy?

Strategic Minerals Plc (LON:SMLGet Free Report) shares traded up 11.4% during mid-day trading on Wednesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.20 ($0.00). 1,763,688 shares were traded during trading, a decline of 54% from the average session volume of 3,800,143 shares. The stock had previously closed at GBX 0.18 ($0.00).

Strategic Minerals Stock Up 11.4 %

The firm has a market cap of £3.94 million, a P/E 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. The firm has a fifty day moving average of GBX 0.20 and a 200-day moving average of GBX 0.20.

Strategic Minerals Company Profile

(Get Free Report)

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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