Strategic Minerals (LON:SML) Trading Down 14.8% – Time to Sell?

Strategic Minerals Plc (LON:SMLGet Free Report)’s share price traded down 14.8% on Thursday . The stock traded as low as GBX 0.21 ($0.00) and last traded at GBX 0.21 ($0.00). 1,013,880 shares were traded during trading, a decline of 73% from the average session volume of 3,809,463 shares. The stock had previously closed at GBX 0.25 ($0.00).

Strategic Minerals Stock Performance

The company has a debt-to-equity ratio of 15.45, a quick ratio of 1.49 and a current ratio of 0.60. The stock has a market cap of £4.30 million, a P/E ratio of -4.25 and a beta of 0.70. The business’s 50-day moving average price is GBX 0.22 and its 200-day moving average price is GBX 0.20.

Strategic Minerals Company Profile

(Get Free Report)

Strategic Minerals plc is a minerals production and development company

The Company’s strategy is to utilise cash flow from existing operations to fund overheads and thereby provide a base from which to build a diversified portfolio of cash generating high quality strategic minerals operations and near term mining projects in jurisdictions where returns are commensurate with risk.

Recommended Stories

Receive News & Ratings for Strategic Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strategic Minerals and related companies with MarketBeat.com's FREE daily email newsletter.