Shares of Ironveld Plc (LON:IRON – Get Free Report) fell 8.7% on Thursday . The company traded as low as GBX 0.02 and last traded at GBX 0.02. 37,844,844 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 66,320,344 shares. The stock had previously closed at GBX 0.02.
Ironveld Stock Performance
The stock has a fifty day simple moving average of GBX 0.02 and a two-hundred day simple moving average of GBX 0.04. The stock has a market cap of £4.35 million, a price-to-earnings ratio of -5.25 and a beta of 0.37. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.29 and a current ratio of 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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