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Ferro-Alloy Resources (LON:FAR) Stock Price Down 1% - What's Next?

Ferro-Alloy Resources logo with Basic Materials background

Ferro-Alloy Resources Limited (LON:FAR - Get Free Report) traded down 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 traded hands during 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 reiterated a "house stock" rating on shares of Ferro-Alloy Resources in a research report on Monday, December 2nd.

Check Out Our Latest Report on Ferro-Alloy Resources

Ferro-Alloy Resources Stock Performance

The firm has a market cap of £50.99 million, a P/E ratio of -6.59 and a beta of 0.79. 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 moving average is GBX 9.46 and its 200 day moving average is GBX 6.35.

Ferro-Alloy Resources Company Profile

(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.

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