Ferro-Alloy Resources (LON:FAR) Reaches New 1-Year Low at $14.50

Ferro-Alloy Resources Limited (LON:FARGet Rating) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 14.50 ($0.18) and last traded at GBX 14 ($0.17), with a volume of 1766098 shares changing hands. The stock had previously closed at GBX 16.25 ($0.20).

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Ferro-Alloy Resources in a report on Friday, April 29th.

The company has a market cap of £52.87 million and a P/E ratio of -22.86. The company has a fifty day simple moving average of GBX 21.43 and a 200-day simple moving average of GBX 23.47. The company has a debt-to-equity ratio of 13.04, a current ratio of 4.25 and a quick ratio of 2.18.

About Ferro-Alloy Resources (LON:FAR)

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, and carbon deposits. It primarily holds an interest in the Balasausqandiq deposit located in southern Kazakhstan.

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