Strategic Minerals (LON:SML) Shares Pass Above 50 Day Moving Average of $0.31

Strategic Minerals Plc (LON:SMLGet Rating) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 0.31 ($0.00) and traded as high as GBX 0.38 ($0.00). Strategic Minerals shares last traded at GBX 0.33 ($0.00), with a volume of 2,783,424 shares trading hands.

The company has a quick ratio of 2.26, a current ratio of 2.28 and a debt-to-equity ratio of 1.03. The stock has a market capitalization of £6.55 million and a price-to-earnings ratio of -4.25. The stock has a fifty day moving average of GBX 0.31 and a 200-day moving average of GBX 0.34.

Strategic Minerals Company Profile (LON:SML)

Strategic Minerals Plc, through its subsidiaries, 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.

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