Strategic Minerals (LON:SML) Shares Pass Above 50 Day Moving Average of $0.25

Strategic Minerals Plc (LON:SML)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 0.25 ($0.00) and traded as high as GBX 0.28 ($0.00). Strategic Minerals shares last traded at GBX 0.25 ($0.00), with a volume of 1,508,713 shares.

Strategic Minerals Stock Up 8.0 %

The firm’s fifty day simple moving average is GBX 0.25 and its 200 day simple moving average is GBX 0.17. The company has a current ratio of 0.57, a quick ratio of 1.49 and a debt-to-equity ratio of 3.46. The company has a market cap of £5.45 million, a price-to-earnings ratio of -4.25 and a beta of 0.53.

Strategic Minerals Company Profile

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.