Ferro-Alloy Resources (LON:FAR) Sets New 52-Week Low – Should You Sell?

Ferro-Alloy Resources Limited (LON:FAR) hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as GBX 3.20 and last traded at GBX 3.21, with a volume of 1,132,126 shares changing hands. The stock had previously closed at GBX 3.28.

Ferro-Alloy Resources Trading Up 0.1%

The firm’s 50-day moving average is GBX 3.83 and its 200 day moving average is GBX 5.08. The company has a current ratio of 0.33, a quick ratio of 0.45 and a debt-to-equity ratio of -1,148.15. The firm has a market capitalization of £28.60 million, a price-to-earnings ratio of -2.00 and a beta of 0.82.

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.