Beowulf Mining (LON:BEM) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

Shares of Beowulf Mining plc (LON:BEM) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 20.87 ($0.26) and traded as low as GBX 15 ($0.19). Beowulf Mining shares last traded at GBX 15.88 ($0.20), with a volume of 4,721 shares traded.

Beowulf Mining Stock Down 0.7 %

The company has a current ratio of 5.66, a quick ratio of 1.47 and a debt-to-equity ratio of 0.26. The stock’s 50-day simple moving average is GBX 16.03 and its 200-day simple moving average is GBX 20.87. The firm has a market capitalization of £6.17 million, a P/E ratio of -226.90 and a beta of 0.63.

Beowulf Mining (LON:BEM) last issued its quarterly earnings data on Friday, November 29th. The company reported GBX (1.05) (($0.01)) 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.