Strategic Minerals (SML) Share Price, News & Analysis

Company Overview

Strategic Minerals (AIM: SML; USOTC: SMCDY) is a producing minerals company, actively developing strategic projects in the UK, United States and Australia. In 2012, the company commenced production at its first magnetite operation, the Cobre stockpile in New Mexico, USA. Currently, the company’s main countries of operation are the UK and USA. In March 2018, the Company completed the acquisition of the Leigh Creek Copper Mine situated in the copper rich belt of South Australia. The company continues to seek opportunities to monetise the asset. In 2019, the company completed the 100% acquisition of Cornwall Resources Limited and the Redmoor Tungsten-Tin-Copper Project, with a 2019 JORC-compliant, Inferred Mineral Resource Estimate of 11.7Mt at 1.17% Tin equivalent, made up of Tungsten, Tin and Copper. Strategic Minerals’ primary objective is to utilise cash flow from existing operations in the USA to accelerate development of the Redmoor Tungsten-Tin-Copper Project in Cornwall, UK with world-class potential.

Key Stats

• Today's Range: 0.30 to 0.33
• 50-Day Range: 0.28 to 0.34
• 52-Week Range: 0 to 0.50
• Volume: 16.58 million shs
• Average Volume: 7.35 million shs
• Market Capitalization: £7.66 million
• P/E Ratio: 50.94
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SML Stock Analysis - Frequently Asked Questions

How have SML shares performed this year?

Strategic Minerals' stock was trading at GBX 0.23 at the start of the year. Since then, SML shares have increased by 41.7% and is now trading at GBX 0.33.

How do I buy shares of Strategic Minerals?

Shares of SML stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What other stocks do shareholders of Strategic Minerals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Strategic Minerals investors own include EQTEC (EQT), Great Western Mining (GWMO), LondonMetric Property (LMP), Rolls-Royce Holdings plc (RR), Sirius Minerals (SXX), 88 Energy (88E) and Amur Minerals (AMC).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• Current Symbol: LON:SML
• CIK: N/A
• Web: www.strategicminerals.net
• Phone: +44-20-79306009
• Fax: N/A
• Employees: 11
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): GBX 0.01
• Trailing P/E Ratio: 50.94
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -£13.68 million
• Net Margins: -293.94%
• Pretax Margin: N/A
• Return on Equity: -224.54%
• Return on Assets: 4.39%

Debt

• Debt-to-Equity Ratio: 12.73
• Current Ratio: 0.29
• Quick Ratio: 1.49

Sales & Book Value

• Annual Sales: £4.75 million
• Price / Sales: 1.61
• Cash Flow: GBX 0.03 per share
• Price / Cash Flow: 9.50
• Book Value: GBX 0.24 per share
• Price / Book: 1.35

Miscellaneous

• Outstanding Shares: 2,349,298,000
• Free Float: N/A
• Market Cap: £7.66 million
• Optionable: Not Optionable
• Beta: 0.70