Strategic Minerals (LON:SML) Stock Price Down 12% – Here’s What Happened

Shares of Strategic Minerals Plc (LON:SMLGet Free Report) were down 12% on Wednesday . The company traded as low as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). Approximately 1,353,600 shares changed hands during trading, a decline of 65% from the average daily volume of 3,869,737 shares. The stock had previously closed at GBX 0.25 ($0.00).

Strategic Minerals Price Performance

The stock has a 50-day moving average price of GBX 0.21 and a 200 day moving average price of GBX 0.20. The firm has a market cap of £4.44 million, a price-to-earnings ratio of -4.25 and a beta of 0.70. The company has a debt-to-equity ratio of 15.45, a current ratio of 0.60 and a quick ratio of 1.49.

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.

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