Is Strategic Metals Ltd a Sell? The Stock Declines Again

 Is Strategic Metals Ltd a Sell? The Stock Declines Again

The stock of Strategic Metals Ltd (CVE:SMD) is a huge mover today! About 34,180 shares traded hands. Strategic Metals Ltd (CVE:SMD) has risen 6.00% since September 19, 2016 and is uptrending. It has outperformed by 0.46% the S&P500.
The move comes after 8 months negative chart setup for the $52.35M company. It was reported on Oct, 19 by We have $0.48 PT which if reached, will make CVE:SMD worth $6.28 million less.

More notable recent Strategic Metals Ltd (CVE:SMD) news were published by: which released: “Strategic Metals Ltd. Completes $400000 Financing” on August 16, 2016, also with their article: “Strategic Metals Ltd. Completes the Sale of Its SMARTs Technology” published on September 27, 2016, published: “Strategic Metals Ltd. Cuts 30.23 m Grading 128.46 g/t Silver and 0.40% Copper …” on October 12, 2016. More interesting news about Strategic Metals Ltd (CVE:SMD) were released by: and their article: “Strategic Metals Ltd. Announces Acquisition of Additional Securities of …” published on November 27, 2015 as well as‘s news article titled: “Cash Is Cheap And Strategic Metals Is Even Cheaper” with publication date: December 13, 2013.

Strategic Metals Ltd. is an exploration-stage company. The company has a market cap of $52.35 million. The Firm is engaged in the acquisition, exploration and evaluation of mineral properties located in Canada. It currently has negative earnings. It holds investments in other resource companies, including Rockhaven and Silver Range Resources.

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