Ferro-Alloy Resources (LON:FAR) Hits New 52-Week Low – What’s Next?

Ferro-Alloy Resources Limited (LON:FAR – Get Free Report) shares hit a new 52-week low during trading on Wednesday. The company traded as low as GBX 3.20 and last traded at GBX 3.21, with a volume of 1,132,126 shares traded. The stock had previously closed at GBX 3.28.

Ferro-Alloy Resources Trading Down 2.1%

The company has a current ratio of 0.33, a quick ratio of 0.45 and a debt-to-equity ratio of -1,148.15. The stock has a 50-day simple moving average of GBX 3.85 and a 200 day simple moving average of GBX 5.13. The company has a market cap of £28.67 million, a price-to-earnings ratio of -2.01 and a beta of 0.82.

About Ferro-Alloy Resources

(Get Free Report)

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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