Ferro-Alloy Resources (LON:FAR) Hits New 12-Month Low – Should You Sell?

Shares of Ferro-Alloy Resources Limited (LON:FAR – Get Free Report) reached a new 52-week low during trading on Thursday. The stock traded as low as GBX 3.30 and last traded at GBX 3.50, with a volume of 6,080,062 shares changing hands. The stock had previously closed at GBX 3.40.

Ferro-Alloy Resources Stock Performance

The company has a current ratio of 0.33, a quick ratio of 0.45 and a debt-to-equity ratio of -1,148.15. The firm has a market capitalization of £26.44 million, a PE ratio of -2.19 and a beta of 0.82. The stock’s 50 day moving average price is GBX 3.87 and its two-hundred day moving average price is GBX 5.22.

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. The company was incorporated in 2000 and is based in Saint Peter Port, the United Kingdom.

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