Ferro-Alloy Resources (LON:FAR) Trading Down 0.4%

Ferro-Alloy Resources Limited (LON:FAR – Get Rating) shares traded down 0.4% during trading on Tuesday . The company traded as low as GBX 9.88 ($0.12) and last traded at GBX 9.90 ($0.12). 95,648 shares were traded during trading, a decline of 76% from the average session volume of 397,980 shares. The stock had previously closed at GBX 9.94 ($0.12).

Analyst Ratings Changes

Separately, Shore Capital reissued a “house stock” rating on shares of Ferro-Alloy Resources in a research report on Friday, April 28th.

Ferro-Alloy Resources Trading Down 0.4 %

The company has a debt-to-equity ratio of 15.22, a quick ratio of 0.45 and a current ratio of 1.27. The company has a market cap of £44.52 million, a P/E ratio of -990.00 and a beta of 1.01. The stock has a 50-day moving average of GBX 10.02 and a two-hundred day moving average of GBX 11.

Insider Activity at Ferro-Alloy Resources

In other Ferro-Alloy Resources news, insider Nicholas Bridgen bought 6,400,000 shares of the business’s stock in a transaction on Tuesday, May 2nd. The shares were acquired at an average cost of GBX 10 ($0.12) per share, for a total transaction of £640,000 ($796,019.90). 44.92% of the stock is owned by corporate insiders.

Ferro-Alloy Resources Company Profile

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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.