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Ferro-Alloy Resources (LON:FAR) Reaches New 12-Month Low at $4.00 - Defense World

Posted by Defense World Staff on Apr 7th, 2024

Ferro-Alloy Resources Limited (LON:FAR – Get Free Report) reached a new 52-week low on Friday . The stock traded as low as GBX 4 ($0.05) and last traded at GBX 4.30 ($0.05), with a volume of 584582 shares trading hands. The stock had previously closed at GBX 4.20 ($0.05). pre baked carbon anode block plant

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Ferro-Alloy Resources in a report on Thursday, February 1st.

Check Out Our Latest Stock Report on Ferro-Alloy Resources

The stock has a fifty day moving average of GBX 5.29 and a 200 day moving average of GBX 7.22. The company has a market capitalization of £20.05 million, a P/E ratio of -415.00 and a beta of 0.85. The company has a debt-to-equity ratio of 7.19, a quick ratio of 0.45 and a current ratio of 1.83.

Ferro-Alloy Resources Limited engages in mining, processing, and selling vanadium and related by-products in the Republic of Kazakhstan. The company explores for uranium, molybdenum, aluminum, rare earth metals, potassium, nickel, and carbon deposits. It primarily holds an interest in the Balasausqandiq vanadium/polymetallic mineral deposit located in southern Kazakhstan.

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