Strategic Minerals Plc’s Underlying sales revenue improves by 12.5% in December 2019 quarter

 

Strategic Minerals Plc (LON: SML) has released an update on Q4 Cobre Magnetite Sales and Cash Balance.

  • The company has reported that there has been continued improvement in demand from existing Cobre clients.
  • In the December 2019 quarter, Underlying sales revenue improved 12.5 per cent as compared to December 2018 quarter.
  • As at 31 December 2019, Group cash balance stood at USD 0.520 million.
  • On 14th January 2020, at the time of writing, GMT 08:08 AM, SML shares were trading at GBX 0.68, down by 0.12 points or 15.62% against the previous day closing price.