Strategic Metals (CVE:SMD) Sets New 52-Week High – What’s Next?

Strategic Metals Ltd. (CVE:SMDGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as C$0.33 and last traded at C$0.33, with a volume of 107862 shares traded. The stock had previously closed at C$0.29.

Strategic Metals Trading Up 12.1%

The company has a current ratio of 26.84, a quick ratio of 10.25 and a debt-to-equity ratio of 0.07. The business has a 50 day simple moving average of C$0.27 and a two-hundred day simple moving average of C$0.23. The stock has a market cap of C$36.06 million, a price-to-earnings ratio of 16.25 and a beta of 1.26.

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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