Ironveld (LON:IRON) Share Price Crosses Below Fifty Day Moving Average of $0.56

Ironveld Plc (LON:IRONGet Rating)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 0.56 ($0.01) and traded as low as GBX 0.27 ($0.00). Ironveld shares last traded at GBX 0.27 ($0.00), with a volume of 17,432,413 shares trading hands.

Ironveld Price Performance

The firm has a market capitalization of £3.87 million and a P/E ratio of -2.70. The business has a 50-day moving average of GBX 0.56 and a 200 day moving average of GBX 0.79. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.31.

Ironveld Company Profile

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Ironveld Plc, an exploration and development company, engages in mining, exploring, processing, and smelting vanadiferous and titaniferous magnite. It owns an interest in the iron, vanadium, and titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province, South Africa. The company was incorporated in 2000 and is based in Caerphilly, the United Kingdom.

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