Strategic Metals (CVE:SMD) Trading Up 6.5% – What’s Next?

by · The Markets Daily

Strategic Metals Ltd. (CVE:SMD – Get Free Report)’s share price was up 6.5% during mid-day trading on Monday . The stock traded as high as C$0.17 and last traded at C$0.17. Approximately 13,300 shares were traded during trading, a decline of 76% from the average daily volume of 56,100 shares. The stock had previously closed at C$0.16.

Strategic Metals Stock Up 6.5 %

The company has a debt-to-equity ratio of 0.07, a current ratio of 26.84 and a quick ratio of 10.25. The firm has a 50 day simple moving average of C$0.15 and a 200-day simple moving average of C$0.17. The stock has a market capitalization of C$18.31 million, a price-to-earnings ratio of -8.25 and a beta of 0.90.

Strategic Metals (CVE:SMD – Get Free Report) last released its quarterly earnings data on Wednesday, August 28th. The company reported C($0.01) earnings per share (EPS) for the quarter.

About Strategic Metals

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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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