Peel Hunt Reaffirms “Buy” Rating For Bushveld Minerals (LON:BMN)

Bushveld Minerals (LON:BMN)‘s stock had its “buy” rating reiterated by analysts at Peel Hunt in a research note issued on Friday, January 3rd, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also recently commented on the company. Peel Hunt reiterated a “buy” rating and set a GBX 45 ($0.59) target price on shares of Bushveld Minerals in a report on Thursday, November 7th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Bushveld Minerals in a research note on Wednesday, November 27th.

opened at GBX 20.75 ($0.27) on Friday. The company has a quick ratio of 3.51, a current ratio of 4.73 and a debt-to-equity ratio of 2.78. The company has a market capitalization of $239.24 million and a PE ratio of 6.29. The stock has a fifty day simple moving average of GBX 21.14 and a 200-day simple moving average of GBX 22.53. Bushveld Minerals has a 52-week low of GBX 18.44 ($0.24) and a 52-week high of GBX 42.98 ($0.57).

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.