Bushveld Minerals (LON:BMN) Share Price Crosses Below 200 Day Moving Average of $4.97

Bushveld Minerals Limited (LON:BMNGet 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 4.97 ($0.06) and traded as low as GBX 4.50 ($0.05). Bushveld Minerals shares last traded at GBX 4.50 ($0.05), with a volume of 2,832,866 shares changing hands.

Bushveld Minerals Price Performance

The stock has a market capitalization of £58.05 million, a P/E ratio of -225.00 and a beta of 1.23. The firm has a 50-day moving average price of GBX 4.89 and a 200 day moving average price of GBX 4.97. The company has a debt-to-equity ratio of 54.61, a quick ratio of 0.58 and a current ratio of 1.53.

About Bushveld Minerals

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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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