Ferro-Alloy Resources (LON:FAR) Trading Up 5.2% – Still a Buy?

Shares of Ferro-Alloy Resources Limited (LON:FAR) traded up 5.2% during trading on Tuesday . The company traded as high as GBX 10.35 ($0.13) and last traded at GBX 10.10 ($0.13). 925,109 shares traded hands during mid-day trading, a decline of 5% from the average session volume of 978,354 shares. The stock had previously closed at GBX 9.60 ($0.12).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Ferro-Alloy Resources in a report on Monday, December 2nd.

Ferro-Alloy Resources Price Performance

The company has a debt-to-equity ratio of 226.87, a current ratio of 1.98 and a quick ratio of 0.45. The stock has a market capitalization of £48.81 million, a price-to-earnings ratio of -1,010.00 and a beta of 0.79. The company has a 50-day simple moving average of GBX 6.61 and a two-hundred day simple moving average of GBX 5.67.

About Ferro-Alloy Resources

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.