Ironveld (LON:IRON) Reaches New 52-Week Low – Here’s Why

Shares of Ironveld Plc (LON:IRON – Get Free Report) hit a new 52-week low during trading on Monday. The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 33260859 shares. The stock had previously closed at GBX 0.02.

Ironveld Stock Down 9.5%

The firm has a 50 day moving average price of GBX 0.02 and a two-hundred day moving average price of GBX 0.02. 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 company has a market capitalization of £3.94 million, a price-to-earnings ratio of -4.75 and a beta of 0.82.

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.

Read More

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