Strategic Minerals (LON:SML) Shares Cross Below Fifty Day Moving Average of $0.30

Strategic Minerals Plc (LON:SML – Get Rating)’s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 0.30 ($0.00) and traded as low as GBX 0.23 ($0.00). Strategic Minerals shares last traded at GBX 0.25 ($0.00), with a volume of 5,766,456 shares changing hands.

Strategic Minerals Trading Down 9.1 %

The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 4.48. The stock has a fifty day simple moving average of GBX 0.30 and a 200 day simple moving average of GBX 0.28. The firm has a market capitalization of £5.05 million, a P/E ratio of -4.25 and a beta of 0.65.

About Strategic Minerals

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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.