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

Ferro-Alloy Resources Limited (LON:FARGet Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 15 ($0.20) and last traded at GBX 14.80 ($0.20), with a volume of 3861386 shares traded. The stock had previously closed at GBX 11 ($0.15).

Ferro-Alloy Resources Trading Up 34.5%

The company has a quick ratio of 0.45, a current ratio of 1.98 and a debt-to-equity ratio of 226.87. The stock’s 50 day moving average price is GBX 8.62 and its 200-day moving average price is GBX 7.87. The stock has a market capitalization of £75.53 million, a PE ratio of -787.23 and a beta of 0.79.

Ferro-Alloy Resources Company Profile

(Get Free Report)

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.

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