Ironveld (LON:IRON) Stock Price Down 4% – Here’s Why

Ironveld Plc (LON:IRONGet Free Report)’s stock price fell 4% on Wednesday . The stock traded as low as GBX 0.05 and last traded at GBX 0.05. 135,501,688 shares changed hands during trading, an increase of 77% from the average session volume of 76,353,813 shares. The stock had previously closed at GBX 0.05.

Ironveld Price Performance

The company has a market cap of £7.28 million, a price-to-earnings ratio of -1.15 and a beta of 0.37. The company has a fifty day moving average price of GBX 0.05 and a two-hundred day moving average price of GBX 0.04. The company has a current ratio of 0.20, a quick ratio of 0.29 and a debt-to-equity ratio of 0.19.

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.

Featured Stories

Receive News & Ratings for Ironveld Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ironveld and related companies with MarketBeat.com's FREE daily email newsletter.