Ferro-Alloy Resources (LON:FAR) Stock Falls 9.1% – Here’s What Happened

Ferro-Alloy Resources Limited (LON:FAR – Get Free Report)’s share price was down 9.1% during mid-day trading on Tuesday. The company traded as low as GBX 4.70 and last traded at GBX 4.80. 5,035,672 shares were traded during mid-day trading, an increase of 104% from the average daily volume of 2,462,605 shares. The stock had previously closed at GBX 5.28.

Ferro-Alloy Resources Stock Performance

The company has a market cap of £36.26 million, a P/E ratio of -2.82 and a beta of 0.82. The company’s fifty day moving average is GBX 3.91 and its 200 day moving average is GBX 4.82. The company has a current ratio of 0.31, a quick ratio of 0.45 and a debt-to-equity ratio of -646.68.

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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