Ferro-Alloy Resources Limited (LON:FAR - Get Free Report) fell 6% during trading on Wednesday . The stock traded as low as GBX 9.78 ($0.13) and last traded at GBX 9.78 ($0.13). 347,875 shares were traded during mid-day trading, a decline of 46% from the average session volume of 649,686 shares. The stock had previously closed at GBX 10.40 ($0.14).
Wall Street Analysts Forecast Growth
Separately, Shore Capital reiterated a "house stock" rating on shares of Ferro-Alloy Resources in a report on Wednesday, April 30th.
Get Our Latest Stock Report on FAR
Ferro-Alloy Resources Price Performance
The stock has a market cap of £59.37 million, a P/E ratio of -7.67 and a beta of 0.79. The firm has a 50-day moving average price of GBX 7.67 and a 200-day moving average price of GBX 8.22. The company has a debt-to-equity ratio of 226.87, a quick ratio of 0.45 and a current ratio of 1.98.
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.
Further Reading
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