TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An update from Strategic Minerals ( (GB:SML) ) is now available.
Strategic Minerals plc has announced the issuance of 20,000,000 new ordinary shares, bringing the total issued share capital to 2,369,297,949 ordinary shares. This update is significant for shareholders as it impacts the calculations for notifying changes in share capital interest under the FCA’s Disclosure and Transparency Rules.
The most recent analyst rating on (GB:SML) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Strategic Minerals stock, see the GB:SML Stock Forecast page.
Spark’s Take on GB:SML Stock
According to Spark, TipRanks’ AI Analyst, GB:SML is a Neutral.
Strategic Minerals shows a strong financial recovery in 2024, but historical volatility and a high P/E ratio present risks. Technical indicators are mixed, reflecting uncertain short-term momentum.
To see Spark’s full report on GB:SML stock, click here.
More about Strategic Minerals
Strategic Minerals plc is an AIM-quoted minerals company engaged in mineral exploration and production, with strategic projects in the UK, United States, and Australia. The company has completed significant acquisitions, including Cornwall Resources Limited and the Redmoor Tungsten-Tin-Copper Project in the UK, and the Leigh Creek Copper Mine in Australia. Additionally, it holds distribution rights for the Cobre magnetite project in New Mexico, USA.
Average Trading Volume: 42,125,844
Technical Sentiment Signal: Buy
Current Market Cap: £29.62M
For a thorough assessment of SML stock, go to TipRanks’ Stock Analysis page.