Strategic Minerals (LON:SML) Share Price Crosses Below 50-Day Moving Average – Here’s What Happened

Strategic Minerals Plc (LON:SMLGet Free Report)’s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 0.20 ($0.00) and traded as low as GBX 0.17 ($0.00). Strategic Minerals shares last traded at GBX 0.20 ($0.00), with a volume of 2,231,459 shares traded.

Strategic Minerals Stock Performance

The company has a current ratio of 0.60, a quick ratio of 1.49 and a debt-to-equity ratio of 15.45. The firm has a market capitalization of £4.00 million, a P/E ratio of -4.25 and a beta of 0.70. The stock has a 50 day simple moving average of GBX 0.20 and a 200-day simple moving average of GBX 0.20.

About Strategic Minerals

(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.

Further Reading

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