Beowulf Mining (LON:BEM) Shares Down 6.9%

Beowulf Mining plc (LON:BEM) shares traded down 6.9% during mid-day trading on Tuesday . The company traded as low as GBX 0.68 ($0.01) and last traded at GBX 0.68 ($0.01). 157,694 shares were traded during mid-day trading, a decline of 82% from the average session volume of 865,747 shares. The stock had previously closed at GBX 0.73 ($0.01).

Beowulf Mining Price Performance

The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.47. The firm has a 50-day simple moving average of GBX 0.73 and a 200 day simple moving average of GBX 1.25. The firm has a market cap of £12.63 million, a PE ratio of -23.20 and a beta of 0.66.

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.