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

Ironveld Plc (LON:IRONGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 45433867 shares traded. The stock had previously closed at GBX 0.02.

Ironveld Trading Down 4.8%

The firm has a market capitalization of £4.14 million, a P/E ratio of -5.00 and a beta of 0.37. The company has a current ratio of 0.03, a quick ratio of 0.29 and a debt-to-equity ratio of 3.07. The stock has a 50 day simple moving average of GBX 0.03 and a 200-day simple moving average of GBX 0.04.

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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