Ferro-Alloy Resources (LON:FAR) Trading 4% Higher

Ferro-Alloy Resources Limited (LON:FAR) shares rose 4% during mid-day trading on Monday . The stock traded as high as GBX 6.52 ($0.08) and last traded at GBX 6.50 ($0.08). Approximately 319,000 shares changed hands during trading, a decline of 2% from the average daily volume of 327,058 shares. The stock had previously closed at GBX 6.25 ($0.08).

Analyst Ratings Changes

Separately, Shore Capital restated a “house stock” rating on shares of Ferro-Alloy Resources in a report on Friday, April 26th.

Ferro-Alloy Resources Stock Performance

The business’s 50-day simple moving average is GBX 6.17 and its two-hundred day simple moving average is GBX 5.74. The company has a current ratio of 2.53, a quick ratio of 0.45 and a debt-to-equity ratio of 72.37. The company has a market capitalization of £31.41 million, a PE ratio of -650.00 and a beta of 0.85.

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.