Strategic Minerals (LON:SML) Shares Down 11.8% – Time to Sell?

Shares of Strategic Minerals Plc (LON:SMLGet Free Report) fell 11.8% during mid-day trading on Monday . The company traded as low as GBX 0.19 ($0.00) and last traded at GBX 0.19 ($0.00). 3,427,810 shares traded hands during mid-day trading, a decline of 8% from the average session volume of 3,744,533 shares. The stock had previously closed at GBX 0.22 ($0.00).

Strategic Minerals Trading Down 11.8 %

The stock has a market capitalization of £3.92 million, a PE ratio of -4.25 and a beta of 0.70. The company has a current ratio of 0.60, a quick ratio of 1.49 and a debt-to-equity ratio of 15.45. The stock has a 50 day moving average price of GBX 0.20 and a 200-day moving average price of GBX 0.20.

About Strategic Minerals

(Get Free Report)

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.

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