Ironveld (LON:IRON) Reaches New 12-Month Low – What’s Next?

Ironveld Plc (LON:IRON) reached a new 52-week low during trading on Monday . The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 96039344 shares. The stock had previously closed at GBX 0.02.

Ironveld Stock Performance

The firm’s 50-day moving average price is GBX 0.02 and its 200-day moving average price is GBX 0.03. The company has a debt-to-equity ratio of 3.07, a current ratio of 0.03 and a quick ratio of 0.29. The stock has a market cap of £4.14 million, a P/E ratio of -5.00 and a beta of 0.37.

About Ironveld

Ironveld is a speciality metals producer based in Southern Africa that seeks to maximise revenues from the metals it produces by its Mining division and processing them at its Rustenburg smelter, operated by its Smelting division, and producing specialist high purity iron powders as well as Vanadium slag and Titanium slag, all critical for the green energy transition.