Shares of Strategic Metals Ltd. (CVE:SMD – Get Free Report) shot up 1.6% during trading on Wednesday . The company traded as high as C$0.32 and last traded at C$0.32. 72,200 shares were traded during mid-day trading, a decline of 19% from the average session volume of 88,599 shares. The stock had previously closed at C$0.31.
Strategic Metals Stock Performance
The stock has a 50-day moving average of C$0.37 and a 200 day moving average of C$0.31. 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$34.95 million, a price-to-earnings ratio of 15.75 and a beta of 1.71.
About Strategic Metals
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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