Strategic Metals (CVE:SMD) Sets New 52-Week High – Time to Buy?

Strategic Metals Ltd. (CVE:SMDGet Free Report) shares hit a new 52-week high on Monday . The stock traded as high as C$0.37 and last traded at C$0.36, with a volume of 213720 shares. The stock had previously closed at C$0.32.

Strategic Metals Price Performance

The stock has a market cap of C$39.94 million, a P/E ratio of 18.00 and a beta of 1.26. The company has a quick ratio of 10.25, a current ratio of 26.84 and a debt-to-equity ratio of 0.07. The business’s 50-day simple moving average is C$0.28 and its two-hundred day simple moving average is C$0.23.

Strategic Metals Company Profile

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Strategic Metals Ltd. acquires, explores for, and evaluates mineral properties in Canada. It 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. The company had a portfolio of approximately 100 projects. Strategic Metals Ltd. is headquartered in Vancouver, Canada.

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