Strategic Metals (CVE:SMD) Trading Up 13.1% – Still a Buy?

Strategic Metals Ltd. (CVE:SMDGet Free Report)’s share price traded up 13.1% on Friday . The company traded as high as C$0.34 and last traded at C$0.34. Approximately 201,721 shares traded hands during trading, an increase of 201% from the average session volume of 66,906 shares. The stock had previously closed at C$0.30.

Strategic Metals Stock Up 13.1%

The company’s 50 day simple moving average is C$0.31 and its 200-day simple moving average is C$0.34. The company has a debt-to-equity ratio of 0.07, a quick ratio of 10.24 and a current ratio of 26.84. The firm has a market capitalization of C$38.31 million, a PE ratio of -34.50 and a beta of 1.55.

About Strategic Metals

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Strategic Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strategic Metals and related companies with MarketBeat.com's FREE daily email newsletter.