Beowulf Mining (LON:BEM) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Beowulf Mining plc (LON:BEM) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 18.26 ($0.24) and traded as high as GBX 20 ($0.26). Beowulf Mining shares last traded at GBX 20 ($0.26), with a volume of 4,688 shares.

Beowulf Mining Stock Down 44.3 %

The business’s fifty day moving average price is GBX 17.46 and its two-hundred day moving average price is GBX 18.21. The firm has a market cap of £4.33 million, a P/E ratio of -2.29 and a beta of 0.63. The company has a current ratio of 3.73, a quick ratio of 1.47 and a debt-to-equity ratio of 0.22.

Beowulf Mining (LON:BEM) last announced its quarterly earnings results on Monday, March 3rd. The company reported GBX (5.13) (($0.07)) 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.