Shares of Bushveld Minerals Limited (LON:BMN – Get Free Report) rose 5.1% during mid-day trading on Wednesday . The stock traded as high as GBX 0.55 ($0.01) and last traded at GBX 0.50 ($0.01). Approximately 14,998,139 shares changed hands during mid-day trading, an increase of 56% from the average daily volume of 9,625,510 shares. The stock had previously closed at GBX 0.48 ($0.01).
Bushveld Minerals Stock Up 6.0 %
The firm’s 50-day simple moving average is GBX 0.46 and its 200 day simple moving average is GBX 0.56. The company has a debt-to-equity ratio of 13,210.25, a quick ratio of 0.58 and a current ratio of 1.42. The stock has a market capitalization of £12.22 million, a P/E ratio of -8.32 and a beta of 2.06.
About Bushveld Minerals
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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