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

Shares of Strategic Metals Ltd. (CVE:SMD – Get Free Report) hit a new 52-week low on Wednesday. The company traded as low as C$0.21 and last traded at C$0.24, with a volume of 57,508 shares trading hands. The stock had previously closed at C$0.24.

Strategic Metals Stock Performance

The company has a quick ratio of 10.24, a current ratio of 26.84 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of C$26.65 million, a PE ratio of -8.00 and a beta of 1.21. The firm has a 50 day moving average price of C$0.31 and a 200-day moving average price of C$0.33.

Strategic Metals Company Profile

(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.

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