Strategic Minerals (LON:SML) Stock Price Up 25.5% – Here’s What Happened

Shares of Strategic Minerals Plc (LON:SML) were up 25.5% on Tuesday . The company traded as high as GBX 0.30 ($0.00) and last traded at GBX 0.28 ($0.00). Approximately 6,950,719 shares were traded during trading, an increase of 90% from the average daily volume of 3,653,210 shares. The stock had previously closed at GBX 0.22 ($0.00).

Strategic Minerals Trading Down 24.0 %

The company’s 50 day moving average price is GBX 0.20 and its two-hundred day moving average price is GBX 0.20. The firm has a market cap of £3.07 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.

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.