Ferro-Alloy Resources (LON:FAR) Shares Down 1% – What’s Next?

Ferro-Alloy Resources Limited (LON:FAR) fell 1% during mid-day trading on Monday . The stock traded as low as GBX 9.37 ($0.12) and last traded at GBX 9.47 ($0.12). 1,258,013 shares changed hands during mid-day trading, an increase of 12% from the average session volume of 1,127,969 shares. The stock had previously closed at GBX 9.56 ($0.12).

Wall Street Analyst Weigh In

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

Ferro-Alloy Resources Stock Down 1.0 %

The stock has a market capitalization of £57.45 million, a price-to-earnings ratio of -7.42 and a beta of 0.79. The firm has a 50-day moving average of GBX 9.49 and a 200 day moving average of GBX 6.28. The company has a current ratio of 1.98, a quick ratio of 0.45 and a debt-to-equity ratio of 226.87.

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.