Shore Capital Reiterates House Stock Rating for Ferro-Alloy Resources (LON:FAR)

Ferro-Alloy Resources (LON:FAR)‘s stock had its “house stock” rating reaffirmed by Shore Capital in a research note issued on Thursday,Digital Look reports.

Ferro-Alloy Resources Trading Up 189.4 %

Shares of Ferro-Alloy Resources stock traded up GBX 4.45 ($0.06) during trading hours on Thursday, reaching GBX 6.80 ($0.09). 34,004,691 shares of the company’s stock were exchanged, compared to its average volume of 547,211. Ferro-Alloy Resources has a 52-week low of GBX 2.30 ($0.03) and a 52-week high of GBX 10 ($0.13). The company has a fifty day moving average of GBX 3.49 and a 200-day moving average of GBX 5.14. The company has a current ratio of 1.98, a quick ratio of 0.45 and a debt-to-equity ratio of 226.87. The firm has a market capitalization of £32.86 million, a price-to-earnings ratio of -680.00 and a beta of 0.79.

About Ferro-Alloy Resources

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.