Bushveld Minerals (LON:BMN) Rating Reiterated by Peel Hunt

Bushveld Minerals (LON:BMN)‘s stock had its “buy” rating reissued by investment analysts at Peel Hunt in a report issued on Thursday, ThisIsMoney.Co.Uk reports.

Separately, Peel Hunt started coverage on shares of Bushveld Minerals in a report on Wednesday, September 4th. They issued a “buy” rating and a GBX 45 ($0.59) price target on the stock.

LON BMN opened at GBX 27 ($0.35) on Thursday. The company’s 50-day moving average price is GBX 21.98 and its 200-day moving average price is GBX 25.02. The company has a current ratio of 4.73, a quick ratio of 3.51 and a debt-to-equity ratio of 2.78. The stock has a market cap of $302.15 million and a PE ratio of 8.18. Bushveld Minerals has a 12 month low of GBX 19.50 ($0.25) and a 12 month high of GBX 49.40 ($0.65).

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.