Strategic Metals (CVE:SMD) Trading Down 3.3% – Here’s Why

Shares of Strategic Metals Ltd. (CVE:SMDGet Free Report) fell 3.3% during trading on Monday . The stock traded as low as C$0.15 and last traded at C$0.15. 14,266 shares were traded during trading, a decline of 73% from the average session volume of 53,714 shares. The stock had previously closed at C$0.15.

Strategic Metals Stock Down 3.3 %

The business’s fifty day moving average price is C$0.16 and its two-hundred day moving average price is C$0.16. The company has a debt-to-equity ratio of 0.07, a quick ratio of 10.25 and a current ratio of 26.84. The firm has a market capitalization of C$16.09 million, a P/E ratio of -7.25 and a beta of 0.90.

Strategic Metals Company Profile

(Get Free Report)

Strategic Metals Ltd. acquires, explores for, and evaluates mineral properties in Canada. It explores for gold, silver, lead, zinc, copper, tin, tungsten, vanadium, and lithium metals; and deposit types, such as porphyry, skarn, epithermal vein, orogenic gold, sedex, carbonate replacement, etc. The company had a portfolio of approximately 100 projects.

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