Bushveld Minerals (LON:BMN) Trading Down 9.4% – Here’s Why

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

Bushveld Minerals Stock Down 9.4 %

The stock has a fifty day moving average of GBX 0.51 and a two-hundred day moving average of GBX 0.62. The company has a quick ratio of 0.58, a current ratio of 1.42 and a debt-to-equity ratio of 13,210.25. The stock has a market cap of £8.89 million, a price-to-earnings ratio of -7.08 and a beta of 2.06.

About Bushveld Minerals

(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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