Ironveld (LON:IRON) Issues Quarterly Earnings Results

Ironveld (LON:IRON) announced its quarterly earnings data on Tuesday. The company reported GBX (0.01) ($0.00) earnings per share for the quarter, reports. Ironveld had a negative net margin of 422.33% and a negative return on equity of 2.37%.

Ironveld Stock Performance

The business’s fifty day simple moving average is GBX 0.04 and its two-hundred day simple moving average is GBX 0.04. The company has a quick ratio of 0.29, a current ratio of 0.20 and a debt-to-equity ratio of 0.19. Ironveld has a twelve month low of GBX 0 ($0.00) and a twelve month high of GBX 0.19 ($0.00). The firm has a market capitalization of £5.29 million, a PE ratio of -2.62 and a beta of 0.37.

About Ironveld

Ironveld is a speciality metals producer based in Southern Africa that seeks to maximise revenues from the metals it produces by its Mining division and processing them at its Rustenburg smelter, operated by its Smelting division, and producing specialist high purity iron powders as well as Vanadium slag and Titanium slag, all critical for the green energy transition.