Bradda Head Lithium Limited (LON:BHL – Get Free Report)’s stock price traded up 16.4% during mid-day trading on Thursday. The stock traded as high as GBX 1.60 and last traded at GBX 1.60. 310,981 shares were traded during mid-day trading, a decline of 73% from the average session volume of 1,168,481 shares. The stock had previously closed at GBX 1.38.
Bradda Head Lithium Stock Performance
The company has a market capitalization of £7.41 million, a price-to-earnings ratio of -1.55 and a beta of 0.46. The company has a current ratio of 5.32, a quick ratio of 9.53 and a debt-to-equity ratio of 7.25. The stock has a 50-day simple moving average of GBX 1.74 and a 200-day simple moving average of GBX 1.99.
About Bradda Head Lithium
Bradda Head Lithium Ltd. is a North America-focused lithium development group. The Company currently has interests in a variety of projects, the most advanced of which are in Central and Western Arizona: The Basin Project (Basin East Project, and the Basin West Project) and the Wikieup Project.
The Basin East Project has an estimated an Inferred Mineral Resource (JORC) of 42.6 Mt of lithium bearing clays at an average grade of 818 ppm of lithium for 185,000 tonnes of lithium carbonate equivalent (LCE).
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