Beowulf Mining (LON:BEM) Sets New 12-Month Low – Here’s What Happened

Beowulf Mining plc (LON:BEMGet Free Report) hit a new 52-week low on Thursday . The stock traded as low as GBX 14.75 ($0.19) and last traded at GBX 14.75 ($0.19), with a volume of 30624 shares traded. The stock had previously closed at GBX 18.50 ($0.23).

Beowulf Mining Stock Performance

The firm has a 50 day moving average of GBX 19.13 and a two-hundred day moving average of GBX 22.14. The company has a debt-to-equity ratio of 0.26, a current ratio of 5.66 and a quick ratio of 1.47. The stock has a market cap of £6.02 million, a PE ratio of -221.43 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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