Ferro-Alloy Resources Limited (LON:FAR – Get Free Report) traded up 5.4% during mid-day trading on Tuesday. The company traded as high as GBX 4 and last traded at GBX 3.90. 2,240,758 shares traded hands during trading, a decline of 11% from the average daily volume of 2,525,284 shares. The stock had previously closed at GBX 3.70.
Ferro-Alloy Resources Stock Performance
The stock has a 50-day moving average of GBX 3.93 and a 200 day moving average of GBX 4.59. The firm has a market capitalization of £29.46 million, a P/E ratio of -2.44 and a beta of 0.82. The company has a debt-to-equity ratio of -1,148.15, a quick ratio of 0.45 and a current ratio of 0.33.
Ferro-Alloy Resources Company Profile
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.
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