Shares of Strategic Minerals Plc (LON:SML – Get Free Report) shot up 26.5% during trading on Tuesday . The company traded as high as GBX 0.35 ($0.00) and last traded at GBX 0.35 ($0.00). 21,644,477 shares changed hands during mid-day trading, an increase of 453% from the average session volume of 3,912,682 shares. The stock had previously closed at GBX 0.28 ($0.00).
Strategic Minerals Price Performance
The stock has a market capitalization of £8.12 million, a PE ratio of -0.74 and a beta of 0.70. The firm’s fifty day moving average price is GBX 0.23 and its two-hundred day moving average price is GBX 0.22. 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
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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