Strategic Metals (CVE:SMD) Reaches New 12-Month High – Still a Buy?

Strategic Metals Ltd. (CVE:SMDGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.31 and last traded at C$0.31, with a volume of 119151 shares trading hands. The stock had previously closed at C$0.30.

Strategic Metals Price Performance

The stock has a market cap of C$33.29 million, a price-to-earnings ratio of 15.00 and a beta of 1.26. The business’s 50 day moving average is C$0.26 and its 200-day moving average is C$0.22. The company has a debt-to-equity ratio of 0.07, a quick ratio of 10.25 and a current ratio of 26.84.

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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