Ironveld (LON:IRON) Hits New 1-Year Low – Should You Sell?

Shares of Ironveld Plc (LON:IRONGet Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 210782766 shares changing hands. The stock had previously closed at GBX 0.02.

Ironveld Stock Performance

The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.29 and a current ratio of 0.03. The stock has a fifty day simple moving average of GBX 0.02 and a two-hundred day simple moving average of GBX 0.03. The stock has a market capitalization of £4.56 million, a price-to-earnings ratio of -5.50 and a beta of 0.81.

About Ironveld

(Get Free Report)

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.

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