Bushveld Minerals (LON:BMN) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt restated their buy rating on shares of Bushveld Minerals (LON:BMN) in a report issued on Thursday morning, LSE.Co.UK reports. They currently have a GBX 45 ($0.59) price objective on the stock.

Separately, Peel Hunt reissued a buy rating and set a GBX 45 ($0.59) price objective on shares of Bushveld Minerals in a report on Monday, November 4th.

LON BMN traded down GBX 0.25 ($0.00) on Thursday, hitting GBX 22 ($0.29). The stock had a trading volume of 4,503,427 shares, compared to its average volume of 3,480,000. The business’s fifty day moving average price is GBX 22.49 and its 200 day moving average price is GBX 24.34. The company has a debt-to-equity ratio of 2.78, a current ratio of 4.73 and a quick ratio of 3.51. Bushveld Minerals has a 52-week low of GBX 19.50 ($0.25) and a 52-week high of GBX 49.40 ($0.65). The stock has a market cap of $256.42 million and a price-to-earnings ratio of 6.67.

Bushveld Minerals Company Profile

Bushveld Minerals Limited, together with its subsidiaries, engages in the exploration and development of mineral projects in South Africa. It operates through three segments: Vanadium and Iron Ore, Coal Exploration, and Vanadium Mining and Production. It explores for vanadium, titanium, iron ore, phosphate, tin, and thermal coal deposits.

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