Bradda Head Lithium (LON:BHL) Stock Price Down 8.8% – What’s Next?

Shares of Bradda Head Lithium Limited (LON:BHL) dropped 8.8% during trading on Wednesday . The company traded as low as GBX 1.20 ($0.02) and last traded at GBX 1.23 ($0.02). Approximately 95,192 shares changed hands during trading, a decline of 82% from the average daily volume of 527,989 shares. The stock had previously closed at GBX 1.35 ($0.02).

Bradda Head Lithium Price Performance

The company’s fifty day simple moving average is GBX 1.33 and its two-hundred day simple moving average is GBX 1.55. The stock has a market cap of £5.86 million, a price-to-earnings ratio of -140.10 and a beta of -0.32.

Bradda Head Lithium Company Profile

Bradda Head Lithium Limited, through its subsidiaries, engages in the exploration, development, and mining of lithium mining projects in the United States. It holds 100% interests in Basin East located in central western Arizona, which covers an area of approximately 6 square kilometers (km2); Basin West consists of 130 placer mining and 141 lode claims that cover an area of approximately 11 km2 situated in central western Arizona; and Wikieup project covering an area of approximately 23.9 km2 located in the Mohave County, Arizona.