Base Resources Limited (LON:BSE - Get Free Report) hit a new 52-week low on Thursday . The company traded as low as GBX 5 ($0.06) and last traded at GBX 5.40 ($0.07), with a volume of 591650 shares traded. The stock had previously closed at GBX 5.75 ($0.07).
Wall Street Analysts Forecast Growth
BSE has been the subject of a number of recent analyst reports. Berenberg Bank decreased their price objective on shares of Base Resources from GBX 31 ($0.39) to GBX 30 ($0.38) and set a "buy" rating for the company in a report on Monday, February 26th. Canaccord Genuity Group restated a "speculative buy" rating and issued a GBX 35 ($0.44) price objective on shares of Base Resources in a research note on Monday, February 26th.
Get Our Latest Stock Analysis on Base Resources
Base Resources Price Performance
The company has a market cap of £64.35 million, a P/E ratio of -183.33 and a beta of 0.82. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.81 and a current ratio of 4.19. The firm's fifty day moving average is GBX 6.76 and its two-hundred day moving average is GBX 7.28.
About Base Resources
(
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Base Resources Limited operates as mineral sand developer and producer in Africa. It operates through Kwale Operation, Toliara Project, and Other segments. The company produces mineral sands, such as rutile, ilmenite, and zircon. It primarily owns a 100% interest in the Kwale Mineral Sands project located in Kenya; and develops the Toliara project located in Madagascar.
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