Peel Hunt assumed coverage on shares of Bushveld Minerals (LON:BMN) in a report released on Wednesday, LSE.Co.UK reports. The firm issued a buy rating and a GBX 45 ($0.59) price objective on the stock.

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

The firm has a market capitalization of $248.99 million and a P/E ratio of 7.67. Bushveld Minerals has a 1-year low of GBX 18.66 ($0.24) and a 1-year high of GBX 49.40 ($0.65). The firm has a fifty day moving average of GBX 22.97 and a two-hundred day moving average of GBX 28.15.

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.

www.ferroalloynet.com