Ferro-Alloy Resources’ (FAR) “House Stock” Rating Reaffirmed at Shore Capital

Shore Capital reiterated their house stock rating on shares of Ferro-Alloy Resources (LON:FAR) in a report released on Monday morning, MarketBeat.com reports.

Ferro-Alloy Resources Price Performance

FAR opened at GBX 5.90 ($0.07) on Monday. Ferro-Alloy Resources has a 1 year low of GBX 2.30 ($0.03) and a 1 year high of GBX 10 ($0.13). The company has a debt-to-equity ratio of 226.87, a quick ratio of 0.45 and a current ratio of 1.98. The company’s 50 day simple moving average is GBX 3.50 and its 200 day simple moving average is GBX 5.16. The stock has a market capitalization of £28.51 million, a PE ratio of -583.20 and a beta of 0.79.

Ferro-Alloy Resources Company Profile

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.