Beowulf Mining plc (LON:BEM) Insider Kurt Budge Purchases 590,000 Shares

Beowulf Mining plc (LON:BEM – Get Rating) insider Kurt Budge purchased 590,000 shares of the business’s stock in a transaction that occurred on Thursday, April 21st. The stock was bought at an average price of GBX 7 ($0.09) per share, for a total transaction of £41,300 ($53,734.06).

Shares of Beowulf Mining stock traded down GBX 0.05 ($0.00) during midday trading on Friday, hitting GBX 6.86 ($0.09). The company had a trading volume of 104,331 shares, compared to its average volume of 1,025,996. The company has a 50 day moving average of GBX 10.94 and a 200 day moving average of GBX 10.02. The company has a debt-to-equity ratio of 0.05, a quick ratio of 8.69 and a current ratio of 8.69. Beowulf Mining plc has a 52-week low of GBX 3.20 ($0.04) and a 52-week high of GBX 22.24 ($0.29). The stock has a market capitalization of £57.01 million and a P/E ratio of -34.50.

About Beowulf Mining (Get Rating)

Beowulf Mining plc engages in the acquisition, exploration, evaluation, and development 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 magnetite iron ore deposit consist of 500 hectares located in Norrbotten County, Northern Sweden; Atvidaberg license that comprises 12,533 hectares, which cover an area of 225 square kilometers situated in the Bergslagen area, southern Sweden; Pitkajarvi and Aitolampi graphite prospects covers an area of 407.45 hectares, which are located in Eastern Finland; Raapysjarvi exploration permit, which is a 716.25-hectare exploration area located in the municipality of Tuusniemi in Eastern Finland; Karhunmaki project, which located in Lapua municipality within the Southern Ostrobothnia region in Western Finland; Mitrovica project, which is located in northern Kosovo; and Viti project that is located in south-eastern Kosovo.

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