Strategic Metals (CVE:SMD) Hits New 52-Week High – Here’s Why

Strategic Metals Ltd. (CVE:SMDGet Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as C$0.45 and last traded at C$0.44, with a volume of 34515 shares traded. The stock had previously closed at C$0.44.

Strategic Metals Stock Performance

The company has a market cap of C$49.38 million, a P/E ratio of 22.25 and a beta of 1.42. The stock’s 50-day moving average price is C$0.35 and its 200-day moving average price is C$0.28. The company has a debt-to-equity ratio of 0.07, a current ratio of 26.84 and a quick ratio of 10.25.

About Strategic Metals

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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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