Shares of Bradda Head Lithium Limited (LON:BHL – Get Free Report) rose 11.8% during mid-day trading on Thursday. The stock traded as high as GBX 1.90 and last traded at GBX 1.90. Approximately 59,008 shares were traded during trading, a decline of 95% from the average session volume of 1,256,981 shares. The stock had previously closed at GBX 1.70.
Bradda Head Lithium Stock Up 11.8%
The stock has a market capitalization of £10.83 million, a P/E ratio of -2.54 and a beta of 0.46. The stock’s 50 day simple moving average is GBX 2.02 and its 200 day simple moving average is GBX 2.22. The company has a current ratio of 5.32, a quick ratio of 9.53 and a debt-to-equity ratio of 7.25.
Bradda Head Lithium Company Profile
The Basin East Project has an estimated an Inferred Mineral Resource (JORC) of 42.6 Mt of lithium bearing clays at an average grade of 818 ppm of lithium for 185,000 tonnes of lithium carbonate equivalent (LCE).
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