Ferro-Alloy Resources Limited (LON:FAR – Get Free Report) traded up 35.8% during trading on Wednesday . The stock traded as high as GBX 4.80 and last traded at GBX 4.70. 34,422,719 shares traded hands during mid-day trading, an increase of 1,572% from the average daily volume of 2,058,236 shares. The stock had previously closed at GBX 3.46.
Ferro-Alloy Resources Trading Up 35.8%
The company’s 50 day moving average price is GBX 3.85 and its two-hundred day moving average price is GBX 4.88. The company has a debt-to-equity ratio of -646.68, a current ratio of 0.31 and a quick ratio of 0.45. The stock has a market capitalization of £35.50 million, a PE ratio of -2.76 and a beta of 0.82.
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. The company was incorporated in 2000 and is based in Saint Peter Port, the United Kingdom.
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