Bushveld Minerals (LON:BMN) Share Price Passes Below 200 Day Moving Average Of $10.38

Bushveld Minerals Limited (LON:BMN – Get Rating) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 10.38 ($0.13) and traded as low as GBX 10.01 ($0.13). Bushveld Minerals shares last traded at GBX 10.10 ($0.13), with a volume of 4,190,246 shares changing hands.

The company has a quick ratio of 1.51, a current ratio of 2.34 and a debt-to-equity ratio of 43.93. The business’s 50-day moving average is GBX 11.67 and its two-hundred day moving average is GBX 10.37. The company has a market capitalization of £124.87 million and a P/E ratio of -3.54.

About Bushveld Minerals

Bushveld Minerals Limited operates as an integrated primary vanadium producer. It is involved in mining and processing vanadium ores; and developing and promoting vanadium in the energy storage market through the advancement of vanadium-based energy storage systems, primarily vanadium redox flow batteries.

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