Bradda Head Lithium (LON:BHL) Trading Down 1.2% – Should You Sell?

Bradda Head Lithium Limited (LON:BHLGet Free Report)’s share price traded down 1.2% during trading on Friday . The stock traded as low as GBX 0.99 ($0.01) and last traded at GBX 0.99 ($0.01). 109,208 shares changed hands during trading, a decline of 69% from the average session volume of 348,428 shares. The stock had previously closed at GBX 1 ($0.01).

Bradda Head Lithium Trading Down 1.2%

The firm has a 50-day moving average of GBX 1.02 and a 200 day moving average of GBX 1.11. The company has a market cap of £4.83 million, a P/E ratio of 1.66 and a beta of -0.32.

Bradda Head Lithium Company Profile

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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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