Bushveld Minerals (LON:BMN) Shares Pass Below 200-Day Moving Average of $4.54

Bushveld Minerals Limited (LON:BMN – Get Rating)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4.54 ($0.06) and traded as low as GBX 3.25 ($0.04). Bushveld Minerals shares last traded at GBX 3.28 ($0.04), with a volume of 4,569,349 shares.

Bushveld Minerals Stock Performance

The stock’s 50 day moving average is GBX 3.95 and its two-hundred day moving average is GBX 4.54. The company has a market capitalization of £42.25 million, a PE ratio of -163.75 and a beta of 1.24. The company has a quick ratio of 0.58, a current ratio of 1.53 and a debt-to-equity ratio of 54.61.

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.

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