Ferro-Alloy Resources (LON:FAR) Trading Down 1%

Ferro-Alloy Resources Limited (LON:FARGet Free Report) was down 1% on Friday . The company traded as low as GBX 4.55 ($0.06) and last traded at GBX 5 ($0.06). Approximately 295,091 shares were traded during mid-day trading, an increase of 4% from the average daily volume of 282,942 shares. The stock had previously closed at GBX 5.05 ($0.06).

Analysts Set New Price Targets

Separately, Shore Capital reissued a “house stock” rating on shares of Ferro-Alloy Resources in a research note on Thursday, February 1st.

Read Our Latest Research Report on FAR

Ferro-Alloy Resources Trading Down 1.0 %

The business’s 50 day simple moving average is GBX 5.78 and its two-hundred day simple moving average is GBX 7.71. The stock has a market cap of £24.16 million, a P/E ratio of -500.00 and a beta of 0.85. The company has a quick ratio of 0.45, a current ratio of 1.83 and a debt-to-equity ratio of 7.19.

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.

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