Ironveld (LON:IRON) Reaches New 52-Week Low – Here’s Why

Ironveld Plc (LON:IRON – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday. The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 33260859 shares traded. The stock had previously closed at GBX 0.02.

Ironveld Stock Down 9.5%

The company has a current ratio of 0.09, a quick ratio of 0.29 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of £3.94 million, a P/E ratio of -4.75 and a beta of 0.82. The stock’s 50 day simple moving average is GBX 0.02 and its 200 day simple moving average is GBX 0.02.

About Ironveld

(Get Free Report)

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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