Beowulf Mining (LON:BEM) Hits New 1-Year Low at $20.00

Shares of Beowulf Mining plc (LON:BEM) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 20 ($0.26) and last traded at GBX 24.50 ($0.31), with a volume of 1586 shares changing hands. The stock had previously closed at GBX 24 ($0.31).

Beowulf Mining Stock Performance

The company’s fifty day moving average price is GBX 26.32 and its 200 day moving average price is GBX 9.90. The company has a market cap of £9.52 million, a PE ratio of -218.18 and a beta of 0.63. The company has a debt-to-equity ratio of 5.23, a current ratio of 0.94 and a quick ratio of 1.47.

Insider Activity

In other news, insider Ed Bowie bought 13,552 shares of the stock in a transaction dated Friday, June 28th. The stock was bought at an average price of GBX 37 ($0.47) per share, for a total transaction of £5,014.24 ($6,402.25). 2.07% of the stock is currently owned by corporate insiders.

About Beowulf Mining

Beowulf Mining plc engages in the acquisition, exploration, and evaluation of natural resource assets in Sweden, Finland, and Kosovo. The company explores for iron ore, base precious metals, lead, zinc, gold, copper, silver, graphite, and other mineral properties. Its projects include the Kallak iron ore located in Norrbotten County, Northern Sweden; Atvidaberg exploration license that comprises 12,533 hectares, which cover an area of 225 square kilometers situated in the Bergslagen area, southern Sweden; and Pitkajarvi and Aitolampi graphite prospects covers an area of 407 hectares, which are located in Eastern Finland.