Beowulf Mining (LON:BEM) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

Beowulf Mining plc (LON:BEMGet Free Report)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 21.67 ($0.27) and traded as low as GBX 15.02 ($0.19). Beowulf Mining shares last traded at GBX 16.70 ($0.21), with a volume of 7,386 shares.

Beowulf Mining Price Performance

The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.47 and a current ratio of 5.66. The business’s fifty day simple moving average is GBX 16.36 and its 200 day simple moving average is GBX 21.67. The stock has a market cap of £6.49 million, a price-to-earnings ratio of -238.57 and a beta of 0.63.

About Beowulf Mining

(Get Free Report)

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.

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