Bradda Head Lithium (LON:BHL) Shares Down 6.5% – Here’s Why

Bradda Head Lithium Limited (LON:BHL) was down 6.5% during mid-day trading on Friday . The stock traded as low as GBX 1.10 ($0.01) and last traded at GBX 1.17 ($0.01). Approximately 182,149 shares changed hands during trading, a decline of 61% from the average daily volume of 467,000 shares. The stock had previously closed at GBX 1.25 ($0.02).

Bradda Head Lithium Stock Down 11.7 %

The business’s 50 day moving average is GBX 1.28 and its 200-day moving average is GBX 1.46. The firm has a market capitalization of £4.31 million, a P/E ratio of -140.10 and a beta of -0.32.

Bradda Head Lithium Company Profile

Bradda Head Lithium Limited, through its subsidiaries, engages in the exploration, development, and mining of lithium mining projects in the United States. It holds 100% interests in Basin East located in central western Arizona, which covers an area of approximately 6 square kilometers (km2); Basin West consists of 130 placer mining and 141 lode claims that cover an area of approximately 11 km2 situated in central western Arizona; and Wikieup project covering an area of approximately 23.9 km2 located in the Mohave County, Arizona.