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

Beowulf Mining plc (LON:BEM)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 20 ($0.26) and last traded at GBX 21.50 ($0.28), with a volume of 20053 shares. The stock had previously closed at GBX 20 ($0.26).

Beowulf Mining Price Performance

The firm has a market capitalization of £8.54 million, a P/E ratio of -200.00 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. The stock’s fifty day simple moving average is GBX 28.51 and its 200 day simple moving average is GBX 11.49.

Insiders Place Their Bets

In other news, insider Ed Bowie bought 18,831 shares of Beowulf Mining stock in a transaction on Friday, July 19th. The stock was acquired at an average cost of GBX 26 ($0.34) per share, for a total transaction of £4,896.06 ($6,456.63). 2.07% of the stock is currently owned by corporate insiders.

Beowulf Mining Company Profile

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.