Ironveld (LON:IRON) Sets New 52-Week Low – What’s Next?

Ironveld Plc (LON:IRON – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 3,020,789 shares traded. The stock had previously closed at GBX 0.02.

Ironveld Stock Performance

The firm has a market cap of £3.94 million, a PE ratio of -4.75 and a beta of 0.82. The stock’s 50 day moving average price is GBX 0.02 and its 200 day moving average price is GBX 0.02. The company has a current ratio of 0.09, a quick ratio of 0.29 and a debt-to-equity ratio of 0.13.

Ironveld Company Profile

(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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