Beowulf Mining (LON:BEM) Share Price Crosses Below 200-Day Moving Average of $0.00

Beowulf Mining plc (LON:BEM)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as low as $5.75. Beowulf Mining shares last traded at $5.75, with a volume of 59,444 shares changing hands.

Separately, Shore Capital reiterated a “not rated” rating on shares of Beowulf Mining in a research note on Wednesday, June 19th.

The stock’s 50 day moving average is GBX 6.51. The stock has a market cap of $33.85 million and a price-to-earnings ratio of -30.63.

Beowulf Mining Company Profile (LON:BEM)

Beowulf Mining plc engages in the acquisition, exploration, evaluation, and development of natural resource properties primarily in Sweden and Finland. It explores for iron ore, graphite, lead, zinc, copper, silver, diamond, and other mineral properties. The company focuses on the Kallak magnetite iron ore project located in Norrbotten County, Northern Sweden.

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