Strategic Minerals Plc (LON:SML – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 0.38 ($0.00) and last traded at GBX 0.37 ($0.00), with a volume of 1610820 shares. The stock had previously closed at GBX 0.33 ($0.00).
Strategic Minerals Trading Up 13.8 %
The firm has a market capitalization of £9.33 million, a price-to-earnings ratio of -0.85 and a beta of 0.70. The company has a debt-to-equity ratio of 12.73, a quick ratio of 1.49 and a current ratio of 0.29. The company has a 50-day moving average price of GBX 0.25 and a 200-day moving average price of GBX 0.22.
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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