Shares of Strategic Minerals Plc (LON:SML – Get Free Report) dropped 14.8% during mid-day trading on Thursday . The company traded as low as GBX 0.21 ($0.00) and last traded at GBX 0.21 ($0.00). Approximately 1,013,880 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 3,809,463 shares. The stock had previously closed at GBX 0.25 ($0.00).
Strategic Minerals Stock Performance
The stock has a market cap 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. The firm has a fifty day moving average of GBX 0.22 and a 200 day moving average of GBX 0.20.
About Strategic Minerals
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.
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