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

Strategic Metals Ltd. (CVE:SMDGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.44 and last traded at C$0.42, with a volume of 33332 shares. The stock had previously closed at C$0.40.

Strategic Metals Stock Performance

The firm has a market capitalization of C$46.60 million, a PE ratio of 21.00 and a beta of 1.34. The business has a 50-day simple moving average of C$0.34 and a 200-day simple moving average of C$0.28. The company has a debt-to-equity ratio of 0.07, a current ratio of 26.84 and a quick ratio of 10.25.

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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