Shares of Ferro-Alloy Resources Limited (LON:FAR – Get Free Report) rose 5.4% during trading on Tuesday. The stock traded as high as GBX 4 and last traded at GBX 3.90. Approximately 2,240,758 shares changed hands during trading, a decline of 11% from the average session volume of 2,525,284 shares. The stock had previously closed at GBX 3.70.
Ferro-Alloy Resources Stock Performance
The firm has a market cap of £27.95 million, a price-to-earnings ratio of -2.31 and a beta of 0.82. The company has a current ratio of 0.33, a quick ratio of 0.45 and a debt-to-equity ratio of -1,148.15. The stock’s 50 day moving average is GBX 3.93 and its 200 day moving average is GBX 4.58.
About Ferro-Alloy Resources
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. The company was incorporated in 2000 and is based in Saint Peter Port, the United Kingdom.
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