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Pin to quick picksStrategic Minerals Share News (SML)

Share Price Information for Strategic Minerals (SML)

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Share Price: 0.185
Bid: 0.17
Ask: 0.20
Change: 0.00 (0.00%)
Spread: 0.03 (17.647%)
Open: 0.185
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IN BRIEF: Strategic Minerals half-year profit and revenue plunge

Thu, 28th Sep 2023 12:00

Strategic Minerals PLC - London-based mining company with projects in New Mexico, South Australia and the UK - Says pretax profit in the six months ended June 30 fell 78% to USD54,000 from USD248,000 a year prior, as revenue plunged to USD782,000 from USD1.3 million the year before. Notes a "significant drop" in sales at its Cobre project in New Mexico. Non-executive Chair Alan Broome says: "I look forward to further progressing our key strategic goals in 2023 and pushing onto a brighter 2024."

Current stock price: 0.15 pence, trading flat on Thursday

12-month change: down 50%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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