Ferro-Alloy Resources (LON:FAR) Stock Rating Reaffirmed by Shore Capital

Ferro-Alloy Resources (LON:FAR)‘s stock had its “house stock” rating reaffirmed by equities research analysts at Shore Capital in a note issued to investors on Thursday, MarketBeat Ratings reports.

Ferro-Alloy Resources Stock Down 13.4 %

FAR opened at GBX 4.70 ($0.06) on Thursday. The business’s fifty day simple moving average is GBX 5.72 and its 200 day simple moving average is GBX 5.66. Ferro-Alloy Resources has a 52 week low of GBX 4 ($0.05) and a 52 week high of GBX 10.50 ($0.14). The firm has a market cap of £22.71 million, a P/E ratio of -470.00 and a beta of 0.79. The company has a quick ratio of 0.45, a current ratio of 2.53 and a debt-to-equity ratio of 72.37.

Ferro-Alloy Resources Company Profile

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.