Strategic Metals (CVE:SMD) Stock Price Up 7.6%

Strategic Metals Ltd (CVE:SMD)’s stock price was up 7.6% during mid-day trading on Friday . The stock traded as high as C$0.71 and last traded at C$0.71, approximately 22,000 shares were traded during trading. A decline of 76% from the average daily volume of 92,937 shares. The stock had previously closed at C$0.66.

The company has a quick ratio of 14.41, a current ratio of 14.56 and a debt-to-equity ratio of 0.09. The business has a 50-day moving average of C$0.56 and a 200-day moving average of C$0.44. The stock has a market cap of $39.60 million and a price-to-earnings ratio of -11.83.

Strategic Metals (CVE:SMD) last announced its quarterly earnings results on Thursday, June 4th. The company reported C($0.04) EPS for the quarter.

Strategic Metals Company Profile (CVE:SMD)

Strategic Metals Ltd. acquires, explores for, and evaluates mineral properties in Canada. The company 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.

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