Bushveld Minerals (LON:BMN) Trading 7.7% Higher – Time to Buy?

Shares of Bushveld Minerals Limited (LON:BMNGet Free Report) shot up 7.7% during trading on Thursday . The company traded as high as GBX 0.35 ($0.00) and last traded at GBX 0.35 ($0.00). 417,790 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 9,545,967 shares. The stock had previously closed at GBX 0.33 ($0.00).

Bushveld Minerals Price Performance

The stock has a market capitalization of £9.12 million, a PE ratio of -5.42 and a beta of 2.06. The firm’s fifty day moving average price is GBX 0.49 and its two-hundred day moving average price is GBX 0.59. 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.

Bushveld Minerals Company Profile

(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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