Beowulf Mining (LON:BEM) Sets New 52-Week Low at $25.50

Beowulf Mining plc (LON:BEM) shares reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 25.50 ($0.33) and last traded at GBX 30.90 ($0.40), with a volume of 74577 shares traded. The stock had previously closed at GBX 33.50 ($0.43).

Beowulf Mining Stock Down 7.8 %

The business’s fifty day simple moving average is GBX 15.85 and its 200 day simple moving average is GBX 6.32. The company has a current ratio of 2.32, a quick ratio of 1.47 and a debt-to-equity ratio of 0.24. The stock has a market cap of £599.46 million, a price-to-earnings ratio of -23.20 and a beta of 0.66.

Insiders Place Their Bets

In other Beowulf Mining news, insider Ed Bowie bought 13,552 shares of the stock in a transaction on Friday, June 28th. The stock was purchased at an average price of GBX 37 ($0.48) per share, with a total value of £5,014.24 ($6,502.71). Company insiders own 2.09% of the company’s stock.

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.