Bushveld Minerals’ (LON:BMN) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reissued their buy rating on shares of Bushveld Minerals (LON:BMN) in a research report report published on Monday, November 4th, Digital Look reports. Peel Hunt currently has a GBX 45 ($0.59) price objective on the stock.

Separately, Peel Hunt assumed coverage on Bushveld Minerals in a research report on Wednesday, September 4th. They issued a buy rating and a GBX 45 ($0.59) price objective for the company.

Shares of Bushveld Minerals stock remained flat at $GBX 22.25 ($0.29) during trading on Monday. The stock had a trading volume of 1,004,344 shares, compared to its average volume of 3,480,000. The company has a debt-to-equity ratio of 2.78, a quick ratio of 3.51 and a current ratio of 4.73. The stock has a market capitalization of $253.42 million and a P/E ratio of 6.74. Bushveld Minerals has a 52-week low of GBX 19.50 ($0.25) and a 52-week high of GBX 49.40 ($0.65). The company has a fifty day moving average price of GBX 22.66 and a 200-day moving average price of GBX 24.16.

Bushveld Minerals Company Profile

Bushveld Minerals Limited, together with its subsidiaries, engages in the exploration and development of mineral projects in South Africa. It operates through three segments: Vanadium and Iron Ore, Coal Exploration, and Vanadium Mining and Production. It explores for vanadium, titanium, iron ore, phosphate, tin, and thermal coal deposits.