Strategic Minerals (LON:SML) Trading 24.2% Higher – Here’s What Happened

Strategic Minerals Plc (LON:SMLGet Free Report) shares traded up 24.2% on Tuesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.20 ($0.00). 9,122,217 shares traded hands during mid-day trading, an increase of 140% from the average session volume of 3,800,695 shares. The stock had previously closed at GBX 0.16 ($0.00).

Strategic Minerals Trading Up 24.2 %

The firm has a market cap of £4.04 million, a PE ratio of -4.25 and a beta of 0.70. The company has a quick ratio of 1.49, a current ratio of 0.60 and a debt-to-equity ratio of 15.45. The company’s 50 day moving average price is GBX 0.20 and its two-hundred day moving average price is GBX 0.20.

Strategic Minerals Company Profile

(Get Free Report)

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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