Bushveld Minerals Limited 62.9% potential upside indicated by Peel Hunt LLP

Bushveld Minerals Limited with ticker (LON:BMN) now has a potential upside of 62.9% according to Peel Hunt LLP.



Peel Hunt LLP set a target price of 27 GBX for the company, which when compared to the Bushveld Minerals Limited share price of 10 GBX at opening today (29/10/2021) indicates a potential upside of 62.9%. Trading has ranged between 9 (52 week low) and 25 (52 week high) with an average of 4,704,642 shares exchanging hands daily. The market capitalisation at the time of writing is £119,665,619.

Bushveld Minerals Limited is a South Africa-based integrated vanadium producer. The Company operates through four segments vanadium mining and production, energy, mineral exploration activities for vanadium, and coal exploration. The Company participates in the vanadium value chain through its two resources: Bushveld Vanadium, which mines and processes vanadium ore; and Bushveld Energy, an energy storage solutions provider. Its Bushveld Vanadium assets include the Vametco mine, Brits resource, Vanchem and the Mokopane project. Bushveld Energy is focused on developing vanadium energy storage market through vanadium-based energy storage systems called Vanadium Redox Flow Batteries (VRFBs). The Company’s vanadium product portfolio includes Nitrovan, ferrovanadium, vanadium oxides, electrolyte and vanadium chemicals. The Company’s product portfolio serves the steel, energy and chemical sectors.