Bradda Head Lithium (LON:BHL) Shares Up 7.7% – Here’s Why

Bradda Head Lithium Limited (LON:BHL)’s stock price rose 7.7% on Wednesday . The company traded as high as GBX 1.40 ($0.02) and last traded at GBX 1.40 ($0.02). Approximately 2,976 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 495,454 shares. The stock had previously closed at GBX 1.30 ($0.02).

Bradda Head Lithium Trading Up 3.8 %

The company’s 50 day simple moving average is GBX 1.31 and its 200-day simple moving average is GBX 1.52. The firm has a market cap of £5.27 million, a P/E ratio of -140.10 and a beta of -0.32.

Bradda Head Lithium Company Profile

Bradda Head Lithium Limited, through its subsidiaries, engages in the exploration, development, and mining of lithium mining projects in the United States. It holds 100% interests in Basin East located in central western Arizona, which covers an area of approximately 6 square kilometers (km2); Basin West consists of 130 placer mining and 141 lode claims that cover an area of approximately 11 km2 situated in central western Arizona; and Wikieup project covering an area of approximately 23.9 km2 located in the Mohave County, Arizona.