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Pin to quick picksStrategic Minerals Share News (SML)

Share Price Information for Strategic Minerals (SML)

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IN BRIEF: Strategic Minerals Sales Surge In Second Quarter Of 2020

Tue, 14th Jul 2020 21:49

Strategic Minerals PLC - the minerals production and development company - Reports "excellent" organic sales growth in the quarter to the end of June despite Covid-19 impact on markets. Sales were up 89% to USD881,000 year-on-year. At June 30, the company's non-restricted cash balance was USD533,000 versus USD351,000 as at March 31. "The encouraging performance at Cobre during the June quarter, particularly given the more challenging global overlay, has underwritten both operations and minimised funding required to repay the loan associated with taking full ownership of Redmoor," said Managing Director John Peters.

Current stock price: 0.42 pence

Year-to-date change: down 37%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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12 Oct 2020 13:56

Strategic Minerals upbeat on third quarter progress at Cobre

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IN BRIEF: Strategic Minerals Expects Updated Redmoor Financial Model

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24 Aug 2020 12:20

Strategic Minerals upbeat on progress at Redmoor

(Sharecast News) - Strategic Minerals updated the market on progress at its Redmoor Tin and Tungsten project on Monday, which is held by its wholly-owned subsidiary Cornwall Resources (CRL).

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25 Jun 2020 18:10

IN BRIEF: Strategic Minerals Becomes Debt Free After Loan Repayment

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24 Jun 2020 11:58

Strategic Minerals Swings To Annual Loss On Impairment Charges

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Strategic Minerals Raises GBP1 Million Via Equity Issue

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