Beowulf Mining (LON:BEM) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Beowulf Mining plc (LON:BEM) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 10.67 ($0.14) and traded as low as GBX 10 ($0.13). Beowulf Mining shares last traded at GBX 11 ($0.15), with a volume of 256 shares.

Beowulf Mining Price Performance

The stock has a market cap of £6.56 million, a price-to-earnings ratio of -2.99 and a beta of 0.63. The company has a 50-day moving average of GBX 10.17 and a 200-day moving average of GBX 10.67. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.47 and a current ratio of 3.73.

Beowulf Mining (LON:BEM) last issued its quarterly earnings results on Friday, August 29th. The company reported GBX (2.42) earnings per share (EPS) for the quarter.

About Beowulf Mining

Beowulf Mining plc engages in the acquisition, exploration, and evaluation of natural resource assets in Sweden, Finland, and Kosovo. The company explores for iron ore, base precious metals, lead, zinc, gold, copper, silver, graphite, and other mineral properties. Its projects include the Kallak iron ore located in Norrbotten County, Northern Sweden; Atvidaberg exploration license that comprises 12,533 hectares, which cover an area of 225 square kilometers situated in the Bergslagen area, southern Sweden; and Pitkajarvi and Aitolampi graphite prospects covers an area of 407 hectares, which are located in Eastern Finland.