Bradda Head Lithium (LON:BHL) Stock Price Down 6.5% – Time to Sell?

Bradda Head Lithium Limited (LON:BHL) was down 6.5% during trading on Friday . The company traded as low as GBX 1.10 ($0.01) and last traded at GBX 1.17 ($0.01). Approximately 182,149 shares traded hands during mid-day 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 Price Performance

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

About Bradda Head Lithium

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.