Ferro-Alloy Resources (LON:FAR) Shares Down 0.2% – What’s Next?

Ferro-Alloy Resources Limited (LON:FAR) fell 0.2% on Tuesday . The stock traded as low as GBX 7.98 ($0.10) and last traded at GBX 7.98 ($0.10). 104,385 shares changed hands during trading, a decline of 89% from the average session volume of 969,613 shares. The stock had previously closed at GBX 8 ($0.10).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Ferro-Alloy Resources in a report on Monday, December 2nd.

Ferro-Alloy Resources Trading Down 4.3 %

The company has a market cap of £46.74 million, a price-to-earnings ratio of -6.04 and a beta of 0.79. The company’s fifty day moving average price is GBX 8.87 and its two-hundred day moving average price is GBX 6.65. The company has a quick ratio of 0.45, a current ratio of 1.98 and a debt-to-equity ratio of 226.87.

Ferro-Alloy Resources Company Profile

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.