Bushveld Minerals (LON:BMN) Shares Pass Below Two Hundred Day Moving Average Of $7.09

Bushveld Minerals Limited (LON:BMN – Get Rating)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 7.09 ($0.09) and traded as low as GBX 4.30 ($0.05). Bushveld Minerals shares last traded at GBX 4.35 ($0.05), with a volume of 1,589,670 shares.

Bushveld Minerals Stock Performance

The firm’s 50-day simple moving average is GBX 5.18 and its two-hundred day simple moving average is GBX 7.09. The company has a current ratio of 1.53, a quick ratio of 0.58 and a debt-to-equity ratio of 54.61. The stock has a market capitalization of £55.99 million and a PE ratio of -1.45.

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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