Ferro-Alloy Resources (LON:FAR) Sets New 1-Year Low – Should You Sell?

Ferro-Alloy Resources Limited (LON:FARGet Free Report)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as GBX 3.40 and last traded at GBX 3.41, with a volume of 1611599 shares changing hands. The stock had previously closed at GBX 3.50.

Ferro-Alloy Resources Price Performance

The company has a debt-to-equity ratio of -646.68, a quick ratio of 0.45 and a current ratio of 0.31. The stock has a market capitalization of £25.76 million, a price-to-earnings ratio of -2.01 and a beta of 0.82. The business’s 50 day simple moving average is GBX 3.99 and its 200-day simple moving average is GBX 5.09.

About Ferro-Alloy Resources

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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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