Beowulf Mining (LON:BEM) Stock Price Passes Below 200 Day Moving Average of $6.45

Shares of Beowulf Mining plc (LON:BEM) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $6.45 and traded as low as $5.50. Beowulf Mining shares last traded at $5.75, with a volume of 33,878 shares trading hands.

Separately, Shore Capital reissued a “not rated” rating on shares of Beowulf Mining in a report on Friday, October 4th.

The stock has a market capitalization of $34.63 million and a P/E ratio of -28.75. The firm’s fifty day moving average is GBX 6.26 and its 200-day moving average is GBX 6.45.

Beowulf Mining Company Profile (LON:BEM)

Beowulf Mining plc engages in the acquisition, exploration, evaluation, and development of natural resource properties primarily in Sweden and Finland. It explores for iron ore, graphite, lead, zinc, copper, silver, diamond, and other mineral properties. The company focuses on the Kallak magnetite iron ore project located in Norrbotten County, Northern Sweden.

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