Bradda Head Lithium (LON:BHL) Stock Price Down 4.3% – Time to Sell?

Bradda Head Lithium Limited (LON:BHL) was down 4.3% during mid-day trading on Friday . The stock traded as low as GBX 1.10 ($0.01) and last traded at GBX 1.10 ($0.01). Approximately 5,871 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 185,872 shares. The stock had previously closed at GBX 1.15 ($0.01).

Bradda Head Lithium Stock Down 4.3 %

The stock has a market cap of £4.30 million, a price-to-earnings ratio of -140.10 and a beta of -0.32. The company’s fifty day moving average is GBX 1.23 and its two-hundred day moving average is GBX 1.39.

About Bradda Head Lithium

Bradda Head Lithium Ltd. is a North America-focused lithium development group. The Company currently has interests in a variety of projects, the most advanced of which are in Central and Western Arizona: The Basin Project (Basin East Project, and the Basin West Project) and the Wikieup Project.

The Basin East Project has an estimated an Inferred Mineral Resource (JORC) of 42.6 Mt of lithium bearing clays at an average grade of 818 ppm of lithium for 185,000 tonnes of lithium carbonate equivalent (LCE).