Bushveld Minerals’ (BMN) “Buy” Rating Reaffirmed at Peel Hunt

Peel Hunt reissued their buy rating on shares of Bushveld Minerals (LON:BMN) in a report published on Thursday, LSE.Co.UK reports. Peel Hunt currently has a GBX 45 ($0.59) target price on the stock.

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

LON BMN traded down GBX 0.25 ($0.00) during trading 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 company has a debt-to-equity ratio of 2.78, a quick ratio of 3.51 and a current ratio of 4.73. The stock has a market capitalization of $256.42 million and a price-to-earnings ratio of 6.67. Bushveld Minerals has a one year low of GBX 19.50 ($0.25) and a one year high of GBX 49.40 ($0.65). The stock has a 50 day simple moving average of GBX 22.49 and a 200 day simple moving average of GBX 24.34.

About Bushveld Minerals

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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