Ironveld (LON:IRON) Stock Price Down 4.8% – Here’s Why

Ironveld Plc (LON:IRONGet Free Report)’s share price fell 4.8% on Tuesday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02. 45,433,867 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 82,238,516 shares. The stock had previously closed at GBX 0.02.

Ironveld Price Performance

The company has a market cap of £4.14 million, a price-to-earnings ratio of -5.00 and a beta of 0.37. The company has a quick ratio of 0.29, a current ratio of 0.03 and a debt-to-equity ratio of 3.07. The company’s fifty day moving average price is GBX 0.03 and its two-hundred day moving average price is GBX 0.04.

Ironveld Company Profile

(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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