Shares of Beowulf Mining plc (LON:BEM – Get Free Report) shot up 12.6% during mid-day trading on Wednesday . The company traded as high as GBX 9 and last traded at GBX 8.16. 171,701 shares were traded during mid-day trading, an increase of 53% from the average daily volume of 112,186 shares. The stock had previously closed at GBX 7.25.
Beowulf Mining Price Performance
The company has a quick ratio of 1.47, a current ratio of 4.07 and a debt-to-equity ratio of 1.11. The firm has a market cap of £7.04 million, a P/E ratio of -3.28 and a beta of 0.95. The business has a fifty day moving average of GBX 6.88 and a 200 day moving average of GBX 7.01.
About Beowulf Mining
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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