Bradda Head Lithium Limited (LON:BHL – Get Free Report) fell 18.3% on Tuesday. The stock traded as low as GBX 1.19 and last traded at GBX 1.19. 1,589,575 shares traded hands during mid-day trading, an increase of 37% from the average session volume of 1,159,716 shares. The stock had previously closed at GBX 1.45.
Bradda Head Lithium Trading Down 15.6%
The company has a debt-to-equity ratio of 7.25, a current ratio of 5.32 and a quick ratio of 9.53. The firm has a market cap of £5.70 million, a PE ratio of -1.19 and a beta of 0.46. The company’s 50 day moving average price is GBX 1.68 and its 200 day moving average price is GBX 1.99.
About Bradda Head Lithium
Bradda Head Lithium Ltd. is a North America-focused lithium development group. The Company currently has interests in a variety of projects, the most advanced of which are in Central and Western Arizona: The Basin Project (Basin East Project, and the Basin West Project) and the Wikieup Project. The Basin East Project has an estimated an Inferred Mineral Resource (JORC) of 42.6 Mt of lithium bearing clays at an average grade of 818 ppm of lithium for 185,000 tonnes of lithium carbonate equivalent (LCE).
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