Beowulf Mining (LON:BEM) Shares Down 6.9%

Beowulf Mining plc (LON:BEM) fell 6.9% during trading on Tuesday . The company traded as low as GBX 0.68 ($0.01) and last traded at GBX 0.68 ($0.01). 157,694 shares changed hands during trading, a decline of 82% from the average session volume of 865,747 shares. The stock had previously closed at GBX 0.73 ($0.01).

Beowulf Mining Stock Down 10.5 %

The firm’s 50 day moving average price is GBX 0.75 and its two-hundred day moving average price is GBX 1.26. The firm has a market capitalization of £12.63 million, a PE ratio of -23.20 and a beta of 0.66. The company has a quick ratio of 1.47, a current ratio of 2.32 and a debt-to-equity ratio of 0.24.

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.