Bushveld Minerals (LON:BMN) Shares Pass Below Two Hundred Day Moving Average Of $5.19

Bushveld Minerals Limited (LON:BMN – Get Rating) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 5.19 ($0.06) and traded as low as GBX 4.86 ($0.06). Bushveld Minerals shares last traded at GBX 4.95 ($0.06), with a volume of 1,576,833 shares changing hands.

Bushveld Minerals Price Performance

The stock’s 50-day simple moving average is GBX 4.88 and its 200 day simple moving average is GBX 5.19. The company has a quick ratio of 0.58, a current ratio of 1.53 and a debt-to-equity ratio of 54.61. The company has a market cap of £63.71 million and a price-to-earnings ratio of -1.65.

About Bushveld Minerals

Bushveld Minerals Limited operates as an integrated primary vanadium producer for the steel, energy, and chemical sectors. The company 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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