Bushveld Minerals (LON:BMN) Trading 11.1% Higher – Time to Buy?

Shares of Bushveld Minerals Limited (LON:BMNGet Free Report) were up 11.1% during trading on Tuesday . The company traded as high as GBX 0.50 ($0.01) and last traded at GBX 0.50 ($0.01). Approximately 1,217,925 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 9,907,336 shares. The stock had previously closed at GBX 0.45 ($0.01).

Bushveld Minerals Stock Performance

The firm has a market cap of £9.68 million, a price-to-earnings ratio of -7.50 and a beta of 2.06. 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. The stock has a 50 day moving average of GBX 0.53 and a 200 day moving average of GBX 0.64.

About Bushveld Minerals

(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.

Further Reading

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