Strategic Metals (CVE:SMD) Sets New 1-Year High – Should You Buy?

Strategic Metals Ltd. (CVE:SMDGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.38 and last traded at C$0.35, with a volume of 34219 shares. The stock had previously closed at C$0.37.

Strategic Metals Price Performance

The stock has a market cap of C$38.83 million, a PE ratio of 17.50 and a beta of 1.34. The company has a quick ratio of 10.25, a current ratio of 26.84 and a debt-to-equity ratio of 0.07. The company’s fifty day moving average is C$0.32 and its 200 day moving average is C$0.26.

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

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