Strategic Metals (CVE:SMD) Stock Price Down 5.9% – Time to Sell?

Strategic Metals Ltd. (CVE:SMDGet Free Report)’s share price traded down 5.9% on Thursday . The stock traded as low as C$0.16 and last traded at C$0.16. 98,000 shares changed hands during trading, an increase of 107% from the average session volume of 47,417 shares. The stock had previously closed at C$0.17.

Strategic Metals Price Performance

The company has a debt-to-equity ratio of 0.07, a current ratio of 26.84 and a quick ratio of 10.25. The stock has a market capitalization of C$17.75 million, a P/E ratio of -8.00 and a beta of 0.90. The company’s 50 day simple moving average is C$0.17 and its two-hundred day simple moving average is C$0.17.

Strategic Metals Company Profile

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Strategic Metals Ltd. acquires, explores for, and evaluates mineral properties in Canada. It explores for gold, silver, lead, zinc, copper, tin, tungsten, vanadium, and lithium metals; and deposit types, such as porphyry, skarn, epithermal vein, orogenic gold, sedex, carbonate replacement, etc. The company had a portfolio of approximately 100 projects.

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