Ferro-Alloy Resources Limited (LON:FAR – Get Free Report) shares traded down 9.1% during mid-day trading on Tuesday. The company traded as low as GBX 4.70 and last traded at GBX 4.80. Approximately 5,035,672 shares traded hands during mid-day trading, an increase of 104% from the average session volume of 2,462,605 shares. The stock had previously closed at GBX 5.28.
Ferro-Alloy Resources Trading Down 5.8%
The company has a debt-to-equity ratio of -646.68, a current ratio of 0.31 and a quick ratio of 0.45. The company has a market cap of £33.31 million, a price-to-earnings ratio of -2.59 and a beta of 0.82. The business has a 50 day simple moving average of GBX 3.92 and a 200 day simple moving average of GBX 4.79.
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. The company was incorporated in 2000 and is based in Saint Peter Port, the United Kingdom.
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