Peel Hunt reissued their buy rating on shares of Bushveld Minerals (LON:BMN) in a research report sent to investors on Friday morning, ThisIsMoney.Co.Uk reports.

Several other analysts have also issued reports on BMN. Peel Hunt reiterated a buy rating and issued a GBX 45 ($0.59) target price on shares of Bushveld Minerals in a research report on Thursday, November 7th. BMO Capital Markets reiterated an outperform rating on shares of Bushveld Minerals in a research report on Wednesday, November 27th.

Shares of LON BMN opened at GBX 20.50 ($0.27) on Friday. The company’s 50-day simple moving average is GBX 21.43 and its 200-day simple moving average is GBX 22.79. Bushveld Minerals has a 52-week low of GBX 18.44 ($0.24) and a 52-week high of GBX 42.98 ($0.57). The firm has a market cap of $236.36 million and a price-to-earnings ratio of 6.21. The company has a quick ratio of 3.51, a current ratio of 4.73 and a debt-to-equity ratio of 2.78.

Bushveld Minerals Company Profile

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.

Further Reading: Certificate of Deposit (CD) For Risk Adverse Investors?

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