Beowulf Mining (LON:BEM) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Beowulf Mining plc (LON:BEM)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 18.92 ($0.25) and traded as high as GBX 23 ($0.30). Beowulf Mining shares last traded at GBX 23 ($0.30), with a volume of 7,015 shares changing hands.

Beowulf Mining Price Performance

The stock has a market cap of £8.93 million, a P/E ratio of -4.71 and a beta of 0.63. The company has a current ratio of 3.73, a quick ratio of 1.47 and a debt-to-equity ratio of 0.22. The company’s fifty day simple moving average is GBX 17.14 and its 200-day simple moving average is GBX 18.92.

Beowulf Mining (LON:BEM) last announced its quarterly earnings results on Monday, March 3rd. The company reported GBX (5.13) (($0.07)) earnings per share (EPS) for the quarter.

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.