Strategic Metals Ltd. (SMD) Declines -3.09% on Dec 23

Date: Dec 25, 2017
Shares of Strategic Metals Ltd. (CVE:SMD) last traded at 0.47, representing a move of -3.09%, or -0.02 per share, on volume of 10,500 shares. After opening the trading day at 0.48, shares of Strategic Metals Ltd. traded in a close range. Strategic Metals Ltd. currently has a total float of 89.44 million shares and on average sees 91,267 shares exchange hands each day. The stock now has a 52-week low of 0.4 and high of 0.73.

S&P/TSX Composite Index: Making Canadian Economy Grow Bigger

The Canadian economy is growing as fast as any global economy giant today. It may not yet be as big as that of the US or Japan but it surely boasts with a promising trade and commerce environment.

The main stock exchange in Canada is the Toronto Stock Exchange (TSX) with the benchmark index being the S&P/TSX Composite Index. The TSX perfectly represents how much the Canadian economy has grown and evolved through the years and how it still continues to transform for the better.

Getting to Know the TSX

The TSX is made up of over 1,500 companies as of October 31, 2014. It has nearly touched the $3 trillion total market capitalization mark in May. Strategic Metals Ltd. trades on the exchange. The S&P/TSX Composite Index is the benchmark Canadian index, representing roughly 70% of the total market capitalization on the TSX with about 250 companies included in it. More than half of it is composed of the its biggest sectors only’ the Financials sector and the Energy sector. Included in the list of top five biggest sectors in the S&P/TSX Composite Index are the Materials, Industrials, and Consumer Discretionary sectors.

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