International Ferro Metals Ltd Given Buy Rating at Numis Securities Ltd (IFL)
International Ferro Metals Ltd (LON: IFL)‘s stock had its “buy” rating reiterated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Tuesday. They currently have a $0.45 (30 GBX) price target on the stock.
Shares of International Ferro Metals Ltd opened at 11.25 on Tuesday. International Ferro Metals Ltd has a 52 week low of GBX 9.431 and a 52 week high of GBX 20.00. The stock’s 50-day moving average is currently GBX 14.47. The company’s market cap is £62.3 million.
International Ferro Metals Limited (IFM) is an integrated ferrochrome producer. The Company is engaged in the production of ferrochrome from chromite ore located in the Bushveld Igneous Complex.
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