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

Beowulf Mining plc (LON:BEM) reached a new 52-week low on Wednesday . The stock traded as low as GBX 7 and last traded at GBX 7, with a volume of 66259 shares traded. The stock had previously closed at GBX 8.

Beowulf Mining Price Performance

The company’s 50-day moving average is GBX 10.05 and its 200-day moving average is GBX 10.19. The firm has a market capitalization of £4.26 million, a price-to-earnings ratio of -2.21 and a beta of 0.63. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.23 and a quick ratio of 1.47.

Beowulf Mining (LON:BEM) last posted its quarterly earnings results on Friday, February 27th. The company reported GBX (3.16) earnings per share (EPS) for the quarter.

About Beowulf Mining

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.