Bushveld Minerals (LON:BMN) Trading Down 9.4% – What’s Next?

Bushveld Minerals Limited (LON:BMNGet Free Report) shares were down 9.4% on Wednesday . The stock traded as low as GBX 0.35 ($0.00) and last traded at GBX 0.39 ($0.00). Approximately 388,642 shares changed hands during trading, a decline of 96% from the average daily volume of 9,672,831 shares. The stock had previously closed at GBX 0.43 ($0.01).

Bushveld Minerals Stock Performance

The company has a current ratio of 1.42, a quick ratio of 0.58 and a debt-to-equity ratio of 13,210.25. The company has a market capitalization of £8.36 million, a price-to-earnings ratio of -6.67 and a beta of 2.06. The stock’s fifty day simple moving average is GBX 0.51 and its 200-day simple moving average is GBX 0.61.

Bushveld Minerals Company Profile

(Get Free Report)

Bushveld Minerals Limited operates as an integrated primary vanadium producer for the steel, energy, chemicals and aerospace industries in South Africa, Europe, Asia, the United States, and internationally. 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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