Strategic Metals (CVE:SMD) Shares Up 2%

Strategic Metals Ltd. (CVE:SMD – Get Rating) shares shot up 2% during trading on Friday . The stock traded as high as C$0.26 and last traded at C$0.26. 5,000 shares changed hands during trading, a decline of 81% from the average session volume of 26,848 shares. The stock had previously closed at C$0.26.
Strategic Metals Price Performance
The company has a debt-to-equity ratio of 0.07, a current ratio of 10.51 and a quick ratio of 10.25. The company’s 50 day moving average price is C$0.30 and its 200 day moving average price is C$0.29. The firm has a market capitalization of C$28.85 million, a P/E ratio of -8.67 and a beta of 0.96.
Strategic Metals Company Profile
Strategic Metals Ltd. acquires, explores for, and evaluates mineral properties in Canada. The company explores for gold, silver, lead, zinc, copper, tin, tungstenvanadium, and lithium metals; and deposit types, such as porphyry, skarn, epithermal vein, orogenic gold, sedex, carbonate replacement, etc.