Bushveld Minerals (LON:BMN) Stock Price Down 6.6%

Bushveld Minerals Limited (LON:BMN) traded down 6.6% during mid-day trading on Wednesday . The stock traded as low as GBX 0.40 ($0.01) and last traded at GBX 0.43 ($0.01). 8,084,867 shares changed hands during trading, a decline of 21% from the average session volume of 10,209,280 shares. The stock had previously closed at GBX 0.46 ($0.01).

Bushveld Minerals Stock Performance

The stock’s 50-day moving average is GBX 0.57 and its 200 day moving average is GBX 0.72. The stock has a market cap of £9.54 million, a price-to-earnings ratio of -7.08 and a beta of 2.06. 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.

Insider Transactions at Bushveld Minerals

In other Bushveld Minerals news, insider Craig W. Coltman bought 600,000 shares of Bushveld Minerals stock in a transaction on Monday, July 15th. The stock was bought at an average price of GBX 1 ($0.01) per share, with a total value of £6,000 ($8,025.68). In other news, insider Craig W. Coltman purchased 500,000 shares of the firm’s stock in a transaction dated Friday, July 12th. The shares were acquired at an average price of GBX 1 ($0.01) per share, with a total value of £5,000 ($6,688.07). Also, insider Craig W. Coltman acquired 600,000 shares of the company’s stock in a transaction that occurred on Monday, July 15th. The stock was purchased at an average cost of GBX 1 ($0.01) per share, with a total value of £6,000 ($8,025.68). Company insiders own 48.28% of the company’s stock.

Bushveld Minerals Company Profile

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.