Bushveld Minerals (LON:BMN) Stock Rating Reaffirmed by BMO Capital Markets

BMO Capital Markets reaffirmed their outperform rating on shares of Bushveld Minerals (LON:BMN) in a research note published on Wednesday, November 27th, Stock Target Advisor reports.

Other research analysts have also issued research reports about the company. Peel Hunt reaffirmed a buy rating and set a GBX 45 ($0.59) price target on shares of Bushveld Minerals in a research report on Thursday, November 7th. Peel Hunt reiterated a buy rating on shares of Bushveld Minerals in a research note on Wednesday, November 13th.

Shares of BMN traded up GBX 0.50 ($0.01) during mid-day trading on Wednesday, reaching GBX 19.25 ($0.25). The company’s stock had a trading volume of 4,102,871 shares, compared to its average volume of 3,480,000. The stock has a market cap of $221.95 million and a PE ratio of 5.83. Bushveld Minerals has a 12-month low of GBX 19.50 ($0.26) and a 12-month high of GBX 48.50 ($0.64). The company has a debt-to-equity ratio of 2.78, a current ratio of 4.73 and a quick ratio of 3.51. The company’s 50 day moving average is GBX 22.26 and its 200 day moving average is GBX 23.38.

About Bushveld Minerals

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.