Ironveld (LON:IRON) Hits New 1-Year Low – Should You Sell?

Shares of Ironveld Plc (LON:IRON – Get Free Report) reached a new 52-week low during trading on Wednesday. The stock traded as low as GBX 0.01 and last traded at GBX 0.01, with a volume of 2,126,041,000 shares trading hands. The stock had previously closed at GBX 0.02.

Ironveld Stock Performance

The company has a quick ratio of 0.29, a current ratio of 0.09 and a debt-to-equity ratio of 0.13. The firm has a market cap of £2.07 million, a price-to-earnings ratio of -2.50 and a beta of 0.82. The stock has a 50 day moving average of GBX 0.02 and a 200 day moving average of GBX 0.03.

About Ironveld

(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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