Bradda Head Lithium (LON:BHL) Stock Falls 18.3% – What’s Next?

Bradda Head Lithium Limited (LON:BHL – Get Free Report)’s stock price dropped 18.3% during trading on Tuesday. The stock traded as low as GBX 1.19 and last traded at GBX 1.19. 1,589,575 shares traded hands during mid-day trading, an increase of 37% from the average session volume of 1,159,716 shares. The stock had previously closed at GBX 1.45.

Bradda Head Lithium Price Performance

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 firm’s 50-day moving average price is GBX 1.72 and its two-hundred day moving average price is GBX 1.99. The stock has a market cap of £6.76 million, a PE ratio of -1.42 and a beta of 0.46.

Bradda Head Lithium Company Profile

(Get Free Report)

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).

See Also

Receive News & Ratings for Bradda Head Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bradda Head Lithium and related companies with MarketBeat.com's FREE daily email newsletter.