Beowulf Mining (LON:BEM) Hits New 1-Year Low – Here’s What Happened

Beowulf Mining plc (LON:BEM)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 10 ($0.13) and last traded at GBX 10.15 ($0.14), with a volume of 16456 shares changing hands. The stock had previously closed at GBX 10.73 ($0.14).

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 business has a 50-day simple moving average of GBX 11.37 and a 200 day simple moving average of GBX 14.50. The firm has a market cap of £3.94 million, a P/E ratio of -2.08 and a beta of 0.63.

Beowulf Mining (LON:BEM) last announced its earnings results on Thursday, May 29th. The company reported GBX (0.02) ($0.00) 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.