Beowulf Mining (LON:BEM) Reaches New 52-Week Low – What’s Next?

Beowulf Mining plc (LON:BEM)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 6 and last traded at GBX 6.77, with a volume of 139334 shares. The stock had previously closed at GBX 6.50.

Beowulf Mining Trading Down 8.9%

The company has a market cap of £3.81 million, a P/E ratio of -1.94 and a beta of 0.63. The firm’s 50 day moving average is GBX 9.57 and its two-hundred day moving average is GBX 10.07. The company has a quick ratio of 1.47, a current ratio of 4.50 and a debt-to-equity ratio of 1.39.

Beowulf Mining (LON:BEM) last announced its earnings results on Friday, February 27th. The company reported GBX (3.16) earnings per share (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.