Beowulf Mining (LON:BEM) Stock Price Up 27.3% – Still a Buy?

Beowulf Mining plc (LON:BEMGet Free Report)’s stock price was up 27.3% during trading on Friday . The stock traded as high as GBX 7 and last traded at GBX 7. Approximately 139,262 shares traded hands during mid-day trading, an increase of 47% from the average daily volume of 94,959 shares. The stock had previously closed at GBX 5.50.

Beowulf Mining Price Performance

The company has a current ratio of 4.50, a quick ratio of 1.47 and a debt-to-equity ratio of 1.39. The stock has a market capitalization of £4.46 million, a PE ratio of -2.10 and a beta of 0.63. The firm has a 50 day moving average price of GBX 5.49 and a 200 day moving average price of GBX 8.32.

Beowulf Mining (LON:BEMGet Free Report) last issued its earnings results on Friday, February 27th. The company reported GBX (3.16) earnings per share for the quarter.

Beowulf Mining Company Profile

(Get Free Report)

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.

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