Bushveld Minerals (LON:BMN) Share Price Crosses Below Two Hundred Day Moving Average Of $9.30

Bushveld Minerals Limited (LON:BMN – Get Rating)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 9.30 ($0.11) and traded as low as GBX 5.64 ($0.07). Bushveld Minerals shares last traded at GBX 5.75 ($0.07), with a volume of 2,037,287 shares traded.
Bushveld Minerals Stock Down 5.7 %
The business has a 50-day moving average price of GBX 6.76 and a 200-day moving average price of GBX 9.30. The company has a market capitalization of £72.76 million and a price-to-earnings ratio of -1.92. The company has a quick ratio of 0.70, a current ratio of 1.64 and a debt-to-equity ratio of 56.63.
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.