Ferro-Alloy Resources (LON:FAR) Trading Up 0.3% – Should You Buy?

Ferro-Alloy Resources Limited (LON:FARGet Free Report)’s stock price traded up 0.3% during trading on Tuesday . The stock traded as high as GBX 7.05 ($0.09) and last traded at GBX 7.02 ($0.09). 1,018,767 shares were traded during mid-day trading, an increase of 18% from the average session volume of 863,023 shares. The stock had previously closed at GBX 7 ($0.09).

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Analysis on FAR

Ferro-Alloy Resources Stock Performance

The company has a market cap of £42.61 million, a price-to-earnings ratio of -5.51 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 has a fifty day moving average of GBX 8.36 and a two-hundred day moving average of GBX 6.78.

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.

Further Reading

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