Ferro-Alloy Resources Limited (LON:FAR – Get Free Report)’s stock price dropped 9.6% during trading on Wednesday . The stock traded as low as GBX 5.50 ($0.07) and last traded at GBX 5.65 ($0.08). Approximately 566,498 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 827,568 shares. The stock had previously closed at GBX 6.25 ($0.08).
Ferro-Alloy Resources Stock Performance
The company has a debt-to-equity ratio of 226.87, a current ratio of 1.98 and a quick ratio of 0.45. The company has a market capitalization of £28.83 million, a PE ratio of -3.01 and a beta of 0.79. The firm’s fifty day simple moving average is GBX 8.54 and its 200 day simple moving average is GBX 7.85.
About Ferro-Alloy Resources
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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