Shares of Strategic Metals Ltd (CVE:SMD) dropped 2.6% on Thursday . The stock traded as low as C$0.37 and last traded at C$0.37, approximately 9,700 shares changed hands during mid-day trading. A decline of 60% from the average daily volume of 24,504 shares. The stock had previously closed at C$0.38.
The firm has a 50 day simple moving average of C$0.33. The firm has a market cap of $33.09 million and a PE ratio of -7.25.
Strategic Metals Company Profile (CVE:SMD)
Strategic Metals Ltd. acquires, explores for, and evaluates mineral properties in Canada. The company 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.
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