Beowulf Mining (LON:BEM) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Beowulf Mining plc (LON:BEM) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 11.14 ($0.15) and traded as low as GBX 10 ($0.13). Beowulf Mining shares last traded at GBX 11 ($0.15), with a volume of 4,866 shares.

Beowulf Mining Price Performance

The company has a current ratio of 3.73, a quick ratio of 1.47 and a debt-to-equity ratio of 0.22. The company has a 50 day moving average price of GBX 10.12 and a 200 day moving average price of GBX 11.14. The company has a market capitalization of £6.31 million, a P/E ratio of -287.71 and a beta of 0.63.

Beowulf Mining (LON:BEM) last issued its earnings results on Friday, August 29th. The company reported GBX (2.42) EPS for the quarter.

Beowulf Mining Company Profile

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.