Beowulf Mining (LON:BEM) Shares Cross Above 200 Day Moving Average – Should You Sell?

Beowulf Mining plc (LON:BEM)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 18.62 ($0.24) and traded as high as GBX 20 ($0.26). Beowulf Mining shares last traded at GBX 18.70 ($0.24), with a volume of 1,437 shares.

Beowulf Mining Stock 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 company has a market cap of £7.26 million, a P/E ratio of -3.83 and a beta of 0.63. The firm has a 50 day moving average price of GBX 17.43 and a 200-day moving average price of GBX 18.62.

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