Beowulf Mining (LON:BEM) Hits New 52-Week Low – Should You Sell?

Beowulf Mining plc (LON:BEM) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 7 and last traded at GBX 7, with a volume of 66259 shares traded. The stock had previously closed at GBX 8.

Beowulf Mining Trading Down 12.5%

The business has a 50 day simple moving average of GBX 10.05 and a 200 day simple moving average of GBX 10.19. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.23 and a quick ratio of 1.47. The company has a market cap of £4.26 million, a price-to-earnings ratio of -2.21 and a beta of 0.63.

Beowulf Mining (LON:BEM) last issued its quarterly earnings data on Friday, February 27th. The company reported GBX (3.16) 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.