Ferro-Alloy Resources Limited (LON:FAR – Get Free Report) shares fell 42.5% during mid-day trading on Monday . The stock traded as low as GBX 7.52 ($0.10) and last traded at GBX 8.51 ($0.11). 5,553,992 shares were traded during mid-day trading, an increase of 639% from the average session volume of 751,414 shares. The stock had previously closed at GBX 14.80 ($0.20).
Ferro-Alloy Resources Stock Down 37.6%
The stock has a market capitalization of £47.15 million, a price-to-earnings ratio of -491.49 and a beta of 0.79. The firm’s fifty day moving average is GBX 8.62 and its 200-day moving average is GBX 7.87. The company has a debt-to-equity ratio of 226.87, a current ratio of 1.98 and a quick ratio of 0.45.
Ferro-Alloy Resources Company Profile
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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