Shares of Strategic Minerals Plc (LON:SML – Get Free Report) dropped 9.6% on Wednesday . The company traded as low as GBX 0.23 ($0.00) and last traded at GBX 0.23 ($0.00). Approximately 744,165 shares were traded during trading, a decline of 81% from the average daily volume of 3,934,417 shares. The stock had previously closed at GBX 0.25 ($0.00).
Strategic Minerals Stock Performance
The stock has a 50 day moving average of GBX 0.21 and a 200-day moving average of GBX 0.20. The company has a market capitalization of £5.05 million, a P/E ratio of -4.25 and a beta of 0.70. The company has a current ratio of 0.60, a quick ratio of 1.49 and a debt-to-equity ratio of 15.45.
About Strategic Minerals
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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