Bushveld Minerals (LON:BMN) Trading Down 10.9%

Bushveld Minerals Limited (LON:BMN) traded down 10.9% during mid-day trading on Thursday . The stock traded as low as GBX 0.40 ($0.01) and last traded at GBX 0.41 ($0.01). 2,803,900 shares traded hands during trading, a decline of 73% from the average session volume of 10,532,979 shares. The stock had previously closed at GBX 0.46 ($0.01).

Bushveld Minerals Price Performance

The firm has a market capitalization of £10.14 million, a PE ratio of -7.32 and a beta of 2.06. The company has a debt-to-equity ratio of 13,210.25, a quick ratio of 0.58 and a current ratio of 0.63. The stock has a fifty day moving average price of GBX 0.59 and a 200-day moving average price of GBX 0.76.

Insider Buying and Selling at Bushveld Minerals

In other news, insider Craig W. Coltman purchased 600,000 shares of the business’s stock in a transaction on Monday, July 15th. The shares were acquired at an average cost of GBX 1 ($0.01) per share, with a total value of £6,000 ($7,926.02). In related news, insider Craig W. Coltman acquired 500,000 shares of the firm’s stock in a transaction that occurred on Friday, July 12th. The stock was purchased at an average cost of GBX 1 ($0.01) per share, with a total value of £5,000 ($6,605.02). Also, insider Craig W. Coltman purchased 600,000 shares of the firm’s stock in a transaction on Monday, July 15th. The stock was bought at an average cost of GBX 1 ($0.01) per share, with a total value of £6,000 ($7,926.02). 48.28% of the stock is owned by insiders.

Bushveld Minerals Company Profile

Bushveld Minerals Limited operates as an integrated primary vanadium producer for the steel, energy, chemicals and aerospace industries in South Africa, Europe, Asia, the United States, and internationally. The company is involved in mining and processing vanadium ores; and developing and promoting vanadium in the energy storage market through the advancement of vanadium-based energy storage systems, primarily vanadium redox flow batteries.