Strategic Metals (CVE:SMD) Sets New 52-Week High – Should You Buy?

Shares of Strategic Metals Ltd. (CVE:SMDGet Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as C$0.31 and last traded at C$0.28, with a volume of 29825 shares trading hands. The stock had previously closed at C$0.29.

Strategic Metals Stock Up 1.7%

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 stock has a market capitalization of C$32.73 million, a P/E ratio of 14.75 and a beta of 1.24. The stock’s fifty day moving average is C$0.26 and its two-hundred day moving average is C$0.22.

About Strategic Metals

(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. Strategic Metals Ltd. is headquartered in Vancouver, Canada.

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