Ferro-Alloy Resources (LON:FAR) Sets New 52-Week Low – Time to Sell?

Shares of Ferro-Alloy Resources Limited (LON:FARGet Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 3.36 and last traded at GBX 3.41, with a volume of 823497 shares trading hands. The stock had previously closed at GBX 3.46.

Ferro-Alloy Resources Stock Up 32.4%

The business’s 50 day moving average is GBX 3.85 and its 200 day moving average is GBX 4.88. The company has a quick ratio of 0.45, a current ratio of 0.31 and a debt-to-equity ratio of -646.68. The company has a market cap of £34.60 million, a P/E ratio of -2.69 and a beta of 0.82.

About Ferro-Alloy Resources

(Get Free Report)

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. The company was incorporated in 2000 and is based in Saint Peter Port, the United Kingdom.

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