Ironveld Plc (LON:IRON – Get Free Report) shares rose 15% on Thursday . The company traded as high as GBX 0.02 and last traded at GBX 0.02. Approximately 179,149,125 shares traded hands during trading, an increase of 114% from the average daily volume of 83,602,813 shares. The stock had previously closed at GBX 0.02.
Ironveld Price Performance
The stock’s 50 day simple moving average is GBX 0.03 and its two-hundred day simple moving average is GBX 0.04. The company has a debt-to-equity ratio of 3.07, a current ratio of 0.03 and a quick ratio of 0.29. The stock has a market cap of £4.35 million, a price-to-earnings ratio of -5.25 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.
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