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

Ferro-Alloy Resources Limited (LON:FAR – Get Free Report) hit a new 52-week low during mid-day trading on Friday. The company traded as low as GBX 3.30 and last traded at GBX 3.51, with a volume of 2,855,385 shares traded. The stock had previously closed at GBX 3.40.

Ferro-Alloy Resources Trading Up 3.3%

The business has a 50 day simple moving average of GBX 3.90 and a two-hundred day simple moving average of GBX 5.29. The company has a current ratio of 0.33, a quick ratio of 0.45 and a debt-to-equity ratio of -1,148.15. The company has a market cap of £26.52 million, a PE ratio of -2.19 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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