Strategic Metals (CVE:SMD) Sets New 12-Month High – Here’s What Happened

Strategic Metals Ltd. (CVE:SMDGet Free Report)’s share price reached a new 52-week high during trading on Friday . The company traded as high as C$0.30 and last traded at C$0.29, with a volume of 61327 shares. The stock had previously closed at C$0.27.

Strategic Metals Trading Up 7.4%

The firm has a market capitalization of C$32.18 million, a price-to-earnings ratio of -29.00 and a beta of 1.24. 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 business has a 50 day moving average of C$0.25 and a 200 day moving average of C$0.21.

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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