Ferro-Alloy Resources (LON:FAR) Rating Reiterated by Shore Capital

Shore Capital reiterated their house stock rating on shares of Ferro-Alloy Resources (LON:FAR) in a report published on Friday, Marketbeat reports.

Ferro-Alloy Resources Price Performance

Shares of LON FAR opened at GBX 4.95 ($0.06) on Friday. Ferro-Alloy Resources has a fifty-two week low of GBX 4 ($0.05) and a fifty-two week high of GBX 13.05 ($0.16). The firm’s 50-day simple moving average is GBX 4.81 and its 200 day simple moving average is GBX 6.71. The company has a debt-to-equity ratio of 7.19, a quick ratio of 0.45 and a current ratio of 1.83. The stock has a market cap of £23.92 million, a price-to-earnings ratio of -495.00 and a beta of 0.90.

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.