Strategic Minerals (LON:SML) Trading Down 14.8% – Time to Sell?

Shares of Strategic Minerals Plc ( LON:SML – Get Free Report ) dropped 14.8% during mid-day trading on Thursday . The company traded as low as GBX 0.

21 ($0.00) and last traded at GBX 0.21 ($0.



00). Approximately 1,013,880 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 3,809,463 shares. The stock had previously closed at GBX 0.

25 ($0.00). Strategic Minerals Stock Performance The stock has a market cap of £4.

04 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. The firm has a fifty day moving average of GBX 0.22 and a 200 day moving average of GBX 0.

20. About Strategic Minerals ( Get Free Report ) The Company’s strategy is to utilise cash flow from existing operations to fund overheads and thereby provide a base from which to build a diversified portfolio of cash generating high quality strategic minerals operations and near term mining projects in jurisdictions where returns are commensurate with risk. Recommended Stories 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.

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