Ferro-Alloy Resources (LON:FAR) Stock Price Down 9.1% – Should You Sell?

Ferro-Alloy Resources Limited (LON:FAR – Get Free Report) shares traded down 9.1% on Tuesday. The company traded as low as GBX 4.70 and last traded at GBX 4.80. Approximately 5,035,672 shares changed hands during mid-day trading, an increase of 104% from the average session volume of 2,462,605 shares. The stock had previously closed at GBX 5.28.

Ferro-Alloy Resources Trading Down 9.1%

The company has a quick ratio of 0.45, a current ratio of 0.31 and a debt-to-equity ratio of -646.68. The firm has a market capitalization of £36.26 million, a P/E ratio of -2.82 and a beta of 0.82. The firm’s 50-day simple moving average is GBX 3.91 and its 200-day simple moving average is GBX 4.82.

Ferro-Alloy Resources Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Ferro-Alloy Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ferro-Alloy Resources and related companies with MarketBeat.com's FREE daily email newsletter.