Bushveld Minerals (LON:BMN) Share Price Passes Below 200-Day Moving Average of $4.71

Bushveld Minerals Limited (LON:BMN – Get Rating)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4.71 ($0.06) and traded as low as GBX 3.93 ($0.05). Bushveld Minerals shares last traded at GBX 3.98 ($0.05), with a volume of 6,984,997 shares changing hands.
Bushveld Minerals Stock Performance
The firm’s fifty day moving average price is GBX 4.33 and its 200-day moving average price is GBX 4.71. 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 firm has a market cap of £51.28 million, a price-to-earnings ratio of -198.75 and a beta of 1.26.
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.