The stock of Strategic Metals Ltd (CVE:SMD) is a huge mover today! About 22,000 shares traded hands. Strategic Metals Ltd (CVE:SMD) has risen 6.00% since October 5, 2016 and is uptrending. It has outperformed by 4.91% the S&P500.
The move comes after 5 months positive chart setup for the $59.69 million company. It was reported on Nov, 4 by Barchart.com. We have $1.25 PT which if reached, will make CVE:SMD worth $60.88 million more.
More notable recent Strategic Metals Ltd (CVE:SMD) news were published by: Marketwired.com which released: “Strategic Metals Ltd. Announces Acquisition of Additional Securities of …” on November 27, 2015, also Marketwired.com with their article: “Strategic Metals Ltd. Cuts 30.23 m Grading 128.46 g/t Silver and 0.40% Copper …” published on October 12, 2016, Seekingalpha.com published: “Cash Is Cheap And Strategic Metals Is Even Cheaper” on December 13, 2013. More interesting news about Strategic Metals Ltd (CVE:SMD) were released by: Digitaljournal.com and their article: “Strategic Metals Ltd. Completes the Sale of Its SMARTs Technology” published on September 27, 2016 as well as Investingnews.com‘s news article titled: “Pilbara Minerals – Emerging Strategic Metals Portfolio” with publication date: March 07, 2016.
Strategic Metals Ltd. is an exploration-stage company. The company has a market cap of $59.69 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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