Beowulf Mining (LON:BEM) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

Beowulf Mining plc (LON:BEM)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-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 Price Performance

The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.47 and a current ratio of 3.73. The company’s fifty day moving average price is GBX 17.46 and its 200 day moving average price is GBX 18.21. The firm has a market capitalization of £4.33 million, a price-to-earnings ratio of -2.29 and a beta of 0.63.

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