Bushveld Minerals (LON:BMN) Earns “Buy” Rating from Peel Hunt

Peel Hunt reiterated their buy rating on shares of Bushveld Minerals (LON:BMN) in a research report sent to investors on Thursday, October 24th, ThisIsMoney.Co.Uk reports.

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

Bushveld Minerals stock opened at GBX 22.75 ($0.30) on Thursday. The company has a market cap of $262.30 million and a PE ratio of 6.89. Bushveld Minerals has a 1 year low of GBX 19.50 ($0.25) and a 1 year high of GBX 49.40 ($0.65). The company’s 50-day moving average is GBX 22.40 and its two-hundred day moving average is GBX 24.62. The company has a current ratio of 4.73, a quick ratio of 3.51 and a debt-to-equity ratio of 2.78.

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.