Strategic Metals (CVE:SMD) Stock Price Up 1.9%

Strategic Metals Ltd. (CVE:SMD – Get Rating)’s share price rose 1.9% during mid-day trading on Monday . The stock traded as high as C$0.28 and last traded at C$0.28. Approximately 4,000 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 27,318 shares. The stock had previously closed at C$0.27.
Strategic Metals Stock Performance
The firm’s fifty day moving average price is C$0.28 and its 200-day moving average price is C$0.27. The company has a current ratio of 10.37, a quick ratio of 10.25 and a debt-to-equity ratio of 0.07. The firm has a market cap of C$30.51 million and a price-to-earnings ratio of -21.15.
About Strategic Metals
Strategic Metals Ltd. acquires, explores for, and evaluates mineral properties in Canada. The company 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.