Strategic Minerals Plc (LON:SML – Get Free Report) shares fell 9.5% during mid-day trading on Friday . The stock traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). 540,000 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 3,892,424 shares. The stock had previously closed at GBX 0.20 ($0.00).
Strategic Minerals Price Performance
The company’s 50-day moving average is GBX 0.20 and its 200-day moving average is GBX 0.19. The firm has a market capitalization of £4.04 million, a price-to-earnings ratio of -4.25 and a beta of 0.70. The company has a debt-to-equity ratio of 15.45, a current ratio of 0.60 and a quick ratio of 1.49.
About Strategic Minerals
Strategic Minerals Plc engages in the exploration, development, and operation of mining projects. The company operates the Cobre mine in New Mexico, which sells magnetite for use in the cement, fertilizer, dense media/medium, paint pigment, water jet cutting, ballast, magnet, toner, coal cleaning, and landscaping markets.
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