Beowulf Mining (LON:BEM) Posts Earnings Results

Beowulf Mining (LON:BEM) released its earnings results on Monday. The company reported GBX (5.13) (($0.07)) earnings per share for the quarter, Digital Look Earnings reports.

Beowulf Mining Stock Performance

Shares of LON:BEM traded down GBX 1.96 ($0.03) during trading on Wednesday, hitting GBX 19.04 ($0.24). 1,810 shares of the stock were exchanged, compared to its average volume of 11,057. The company’s fifty day simple moving average is GBX 15.89 and its 200-day simple moving average is GBX 19.07. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.47 and a current ratio of 3.73. The company has a market capitalization of £7.40 million, a price-to-earnings ratio of -3.90 and a beta of 0.63. Beowulf Mining has a 1-year low of GBX 12.50 ($0.16) and a 1-year high of GBX 52 ($0.67).

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.