Strategic Minerals (LON:SML) Stock Price Down 9.5% – What’s Next?

Strategic Minerals Plc (LON:SMLGet Free Report)’s share price fell 9.5% during mid-day trading on Friday . The stock traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). 540,000 shares were traded during trading, a decline of 86% from the average session volume of 3,892,424 shares. The stock had previously closed at GBX 0.20 ($0.00).

Strategic Minerals Stock Performance

The business has a 50 day moving average of GBX 0.20 and a 200-day moving average of GBX 0.19. The stock has a market cap of £4.04 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.

Strategic Minerals Company Profile

(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.

Featured Articles

Receive News & Ratings for Strategic Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strategic Minerals and related companies with MarketBeat.com's FREE daily email newsletter.