SML.L
Strategic Minerals Plc 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. It also holds interest in the Leigh Creek Copper Mine located in the North Flinders Ranges of South Australia; and the Redmoor tin/tungsten project in Cornwall, the United Kingdom. The company was incorporated in 2010 and is based in London, the United Kingdom.
Industry
Industrial Materials
IPO Date
2004-07-26
Stock Exchange
LSE
Ticker
SML.L
According to Strategic Minerals Plc’s latest financial reports and current stock price. The company's current Current Ratio is 0.51. This represents a change of 3.52% compared to the average of 0.49 of the last 4 quarters.
The mean historical Current Ratio of Strategic Minerals Plc over the last ten years is 2.95. The current 0.51 Current Ratio has changed 1.63% with respect to the historical average. Over the past ten years (40 quarters), SML.L's Current Ratio was at its highest in in the December 2016 quarter at 14.37. The Current Ratio was at its lowest in in the January 2010 quarter at 0.
Average
2.95
Median
1.65
Minimum
0.29
Maximum
14.37
Discovering the peaks and valleys of Strategic Minerals Plc Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 522.11%
Maximum Annual Current Ratio = 14.37
Minimum Annual Increase = -69.53%
Minimum Annual Current Ratio = 0.29
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.51 | 75.67% |
| 2023 | 0.29 | -66.13% |
| 2022 | 0.86 | -47.95% |
| 2021 | 1.65 | -44.98% |
| 2020 | 2.99 | 454.40% |
| 2019 | 0.54 | -67.23% |
| 2018 | 1.65 | -62.37% |
| 2017 | 4.38 | -69.53% |
| 2016 | 14.37 | 522.11% |
| 2015 | 2.31 | 34.50% |
The current Current Ratio of Strategic Minerals Plc (SML.L) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.55
5-year avg
1.26
10-year avg
2.95
Strategic Minerals Plc’s Current Ratio is less than Asiamet Resources Limited (4.36), less than 80 Mile Plc (7.77), less than Zinnwald Lithium Plc (11.44), less than First Tin Plc (3.23), less than Helium One Global Ltd (30.18), less than Steppe Cement Ltd. (2.12), less than Iofina plc (2.43), less than Kodal Minerals Plc (88.80), greater than Petra Diamonds Limited (0.43), less than Andrada Mining Limited (0.99),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.36 | N/A | |
| 7.77 | N/A | |
| 11.44 | N/A | |
| 3.23 | N/A | |
| 30.18 | N/A | |
| 2.12 | N/A | |
| 2.43 | N/A | |
| 88.80 | N/A | |
| 0.43 | N/A | |
| 0.99 | N/A |
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