Ironveld (LON:IRON) Reaches New 1-Year Low – Here’s Why

Shares of Ironveld Plc (LON:IRONGet Free Report) reached a new 52-week low on Wednesday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 9254953 shares. The stock had previously closed at GBX 0.02.

Ironveld Stock Down 5.0%

The firm has a market capitalization of £3.94 million, a P/E ratio of -4.75 and a beta of 0.37. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.29 and a current ratio of 0.09. The stock has a 50 day moving average of GBX 0.02 and a 200-day moving average of GBX 0.03.

Ironveld Company Profile

(Get Free Report)

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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