Strategic Minerals (LON:SML) Stock Price Down 2% – Here’s Why

Strategic Minerals Plc (LON:SMLGet Free Report)’s stock price fell 2% during trading on Monday . The stock traded as low as GBX 0.25 ($0.00) and last traded at GBX 0.25 ($0.00). 2,946,065 shares changed hands during trading, a decline of 3% from the average session volume of 3,041,895 shares. The stock had previously closed at GBX 0.26 ($0.00).

Strategic Minerals Stock Down 11.4 %

The firm has a market cap of £5.50 million, a P/E ratio of -0.50 and a beta of 0.70. The business has a fifty day moving average of GBX 0.22 and a 200 day moving average of GBX 0.21. The company has a quick ratio of 1.49, a current ratio of 0.29 and a debt-to-equity ratio of 12.73.

About Strategic Minerals

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Strategic Minerals plc is a minerals production and development company

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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