Bradda Head Lithium (LON:BHL) Shares Down 6.7% – What’s Next?

Shares of Bradda Head Lithium Limited (LON:BHLGet Free Report) dropped 6.7% during trading on Tuesday . The stock traded as low as GBX 2.80 and last traded at GBX 2.80. Approximately 257,205 shares traded hands during trading, a decline of 86% from the average daily volume of 1,787,222 shares. The stock had previously closed at GBX 3.

Bradda Head Lithium Stock Performance

The stock has a market capitalization of £10.94 million, a P/E ratio of -13.46 and a beta of 0.20. The company’s 50-day moving average price is GBX 2.43 and its 200 day moving average price is GBX 1.70.

Bradda Head Lithium Company Profile

(Get Free Report)

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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