Ironveld Plc (LON:IRON – Get Free Report) rose 26.3% during mid-day trading on Tuesday . The stock traded as high as GBX 0.03 and last traded at GBX 0.02. Approximately 1,474,188,750 shares changed hands during trading, an increase of 1,881% from the average daily volume of 74,427,930 shares. The stock had previously closed at GBX 0.02.
Ironveld Stock Down 4.5%
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 stock has a market capitalization of £4.35 million, a PE ratio of -5.25 and a beta of 0.37. The company’s fifty day moving average price is GBX 0.02 and its 200-day moving average price is GBX 0.03.
About Ironveld
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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