Ironveld (LON:IRON) Stock Falls 11.1% – Here’s Why

Ironveld Plc (LON:IRON – Get Free Report) fell 11.1% on Wednesday. The stock traded as low as GBX 0.01 and last traded at GBX 0.01. Approximately 134,098,672 shares were traded during trading, an increase of 104% from the average session volume of 65,810,133 shares. The stock had previously closed at GBX 0.01.

Ironveld Trading Down 11.1%

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 £1.66 million, a PE ratio of -2.00 and a beta of 0.84. The stock has a 50 day moving average price of GBX 0.02 and a 200-day moving average price of GBX 0.03.

Ironveld Company Profile

(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.

Featured Articles

Receive News & Ratings for Ironveld Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ironveld and related companies with MarketBeat.com's FREE daily email newsletter.