Ferro-Alloy Resources (LON:FAR) Shares Down 1.5% – What’s Next?

Ferro-Alloy Resources Limited (LON:FAR)’s share price was down 1.5% during trading on Monday . The company traded as low as GBX 8.60 ($0.10) and last traded at GBX 9.50 ($0.12). Approximately 1,067,592 shares were traded during trading, an increase of 16% from the average daily volume of 917,896 shares. The stock had previously closed at GBX 9.64 ($0.12).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “house stock” rating on shares of Ferro-Alloy Resources in a research note on Monday, December 2nd.

Ferro-Alloy Resources Trading Down 1.5 %

The company has a debt-to-equity ratio of 226.87, a quick ratio of 0.45 and a current ratio of 1.98. The stock has a market cap of £45.91 million, a P/E ratio of -950.00 and a beta of 0.79. The stock has a 50-day moving average price of GBX 7.04 and a 200-day moving average price of GBX 5.74.

About Ferro-Alloy Resources

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.