Bushveld Minerals (LON:BMN) Shares Pass Below 200 Day Moving Average of $13.54

Bushveld Minerals Limited (LON:BMN) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $13.54 and traded as low as $12.50. Bushveld Minerals shares last traded at $12.75, with a volume of 3,947,433 shares.

Separately, Peel Hunt restated a “buy” rating on shares of Bushveld Minerals in a report on Monday, August 3rd.

The stock’s fifty day moving average is GBX 12.81 and its 200 day moving average is GBX 13.54. The company has a current ratio of 4.14, a quick ratio of 2.05 and a debt-to-equity ratio of 19.59. The company has a market capitalization of $144.12 million and a P/E ratio of 2.32.

About Bushveld Minerals (LON:BMN)

Bushveld Minerals Limited, together with its subsidiaries, engages in the exploration and development of mineral projects in South Africa. It operates through three segments: Vanadium and Iron Ore, Coal Exploration, and Vanadium Mining and Production. It explores for vanadium, titanium, iron ore, phosphate, tin, and thermal coal deposits.

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