Strategic Minerals (LON:SML) Stock Price Down 14.3% – Time to Sell?

Shares of Strategic Minerals Plc (LON:SMLGet Free Report) were down 14.3% during trading on Wednesday . The company traded as low as GBX 0.30 ($0.00) and last traded at GBX 0.30 ($0.00). Approximately 8,047,398 shares traded hands during trading, an increase of 103% from the average daily volume of 3,972,386 shares. The stock had previously closed at GBX 0.35 ($0.00).

Strategic Minerals Stock Down 8.6 %

The firm has a market cap of £8.07 million, a PE ratio of -0.74 and a beta of 0.70. The business’s 50 day moving average price is GBX 0.23 and its 200 day moving average price is GBX 0.22. The company has a debt-to-equity ratio of 12.73, a current ratio of 0.29 and a quick ratio of 1.49.

Strategic Minerals Company Profile

(Get Free Report)

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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