Bushveld Minerals (LON:BMN) Stock Price Down 6.6%

Shares of Bushveld Minerals Limited (LON:BMN) fell 6.6% during mid-day trading on Wednesday . The company traded as low as GBX 0.40 ($0.01) and last traded at GBX 0.43 ($0.01). 8,084,867 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 10,209,280 shares. The stock had previously closed at GBX 0.46 ($0.01).

Bushveld Minerals Trading Down 2.8 %

The company has a current ratio of 1.42, a quick ratio of 0.58 and a debt-to-equity ratio of 13,210.25. The business has a 50 day moving average of GBX 0.57 and a 200-day moving average of GBX 0.72. The stock has a market cap of £9.54 million, a PE ratio of -7.08 and a beta of 2.06.

Insider Activity

In other news, insider Craig W. Coltman purchased 500,000 shares of the firm’s stock in a transaction on Friday, July 12th. The shares were bought at an average cost of GBX 1 ($0.01) per share, with a total value of £5,000 ($6,688.07). In other Bushveld Minerals news, insider Craig W. Coltman purchased 500,000 shares of Bushveld Minerals stock in a transaction on Friday, July 12th. The shares were bought at an average price of GBX 1 ($0.01) per share, with a total value of £5,000 ($6,688.07). Also, insider Craig W. Coltman acquired 600,000 shares of the stock in a transaction dated Monday, July 15th. The stock was acquired at an average cost of GBX 1 ($0.01) per share, with a total value of £6,000 ($8,025.68). Company insiders own 48.28% of the company’s stock.

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.