Bushveld Minerals (LON:BMN) Trading 9.7% Higher – What’s Next?

Shares of Bushveld Minerals Limited (LON:BMNGet Free Report) shot up 9.7% on Tuesday . The company traded as high as GBX 0.38 ($0.00) and last traded at GBX 0.38 ($0.00). 41,458 shares were traded during mid-day trading, a decline of 100% from the average session volume of 9,511,544 shares. The stock had previously closed at GBX 0.35 ($0.00).

Bushveld Minerals Price Performance

The company has a debt-to-equity ratio of 13,210.25, a current ratio of 1.42 and a quick ratio of 0.58. The firm’s 50-day moving average is GBX 0.44 and its two-hundred day moving average is GBX 0.55. The company has a market cap of £7.28 million, a P/E ratio of -5.33 and a beta of 2.06.

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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