Bushveld Minerals (LON:BMN) Share Price Passes Below 200-Day Moving Average of $4.67

Bushveld Minerals Limited (LON:BMNGet Rating) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 4.67 ($0.06) and traded as low as GBX 3.76 ($0.05). Bushveld Minerals shares last traded at GBX 3.85 ($0.05), with a volume of 3,376,123 shares changing hands.

Bushveld Minerals Price Performance

The company has a debt-to-equity ratio of 54.61, a current ratio of 1.53 and a quick ratio of 0.58. The business’s fifty day simple moving average is GBX 4.17 and its two-hundred day simple moving average is GBX 4.67. The company has a market cap of ¬£49.67 million, a PE ratio of -192.50 and a beta of 1.24.

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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