Strategic Metals (CVE:SMD) Sets New 52-Week High – What’s Next?

by · The Cerbat Gem

Strategic Metals Ltd. (CVE:SMD – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.44 and last traded at C$0.42, with a volume of 33332 shares trading hands. The stock had previously closed at C$0.40.

Strategic Metals Stock Performance

The company has a debt-to-equity ratio of 0.07, a quick ratio of 10.25 and a current ratio of 26.84. The firm’s 50-day moving average price is C$0.35 and its two-hundred day moving average price is C$0.28. The stock has a market cap of C$43.83 million, a price-to-earnings ratio of 19.75 and a beta of 1.42.

Strategic Metals Company Profile

(Get Free Report)

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. Strategic Metals Ltd. is headquartered in Vancouver, Canada.

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