Bushveld Minerals (LON:BMN) Shares Pass Below 200 Day Moving Average Of $9.92

Bushveld Minerals Limited (LON:BMN – Get Rating)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 9.92 ($0.12) and traded as low as GBX 6.80 ($0.08). Bushveld Minerals shares last traded at GBX 6.90 ($0.08), with a volume of 1,727,770 shares trading hands.
The stock’s 50-day moving average price is GBX 8.41 and its 200-day moving average price is GBX 9.92. The company has a market cap of £87.32 million and a P/E ratio of -2.30. The company has a debt-to-equity ratio of 56.63, a current ratio of 1.64 and a quick ratio of 0.70.
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.