Ferro-Alloy Resources Limited (LON:FAR - Get Free Report)'s share price traded up 13.4% during mid-day trading on Friday . The stock traded as high as GBX 9.30 ($0.13) and last traded at GBX 9.30 ($0.13). 1,999,970 shares were traded during mid-day trading, an increase of 222% from the average session volume of 621,682 shares. The stock had previously closed at GBX 8.20 ($0.11).
Analysts Set New Price Targets
Separately, Shore Capital restated a "house stock" rating on shares of Ferro-Alloy Resources in a report on Wednesday, April 30th.
Read Our Latest Stock Report on FAR
Ferro-Alloy Resources Trading Up 13.4%
The business has a 50-day moving average price of GBX 7.93 and a two-hundred day moving average price of GBX 7.73. The stock has a market capitalization of £56.42 million, a P/E ratio of -7.29 and a beta of 0.79. The company has a current ratio of 1.98, a quick ratio of 0.45 and a debt-to-equity ratio of 226.87.
Ferro-Alloy Resources Company Profile
(
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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.
Further Reading
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