Strategic Metals (Cve:smd) Reaches New 52-week High At $0.38

Shares of Strategic Metals Ltd. (CVE:SMD – Get Rating) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.38 and last traded at C$0.39, with a volume of 1600 shares trading hands. The stock had previously closed at C$0.38.

Strategic Metals Trading Up 2.6 %

The firm has a market cap of C$43.27 million, a price-to-earnings ratio of -39.00 and a beta of 0.97. The company has a fifty day moving average price of C$0.29 and a 200-day moving average price of C$0.28. The company has a current ratio of 10.37, a quick ratio of 10.25 and a debt-to-equity ratio of 0.07.

About Strategic Metals

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.