Ferro-Alloy Resources (LON:FAR) Trading Down 0.4%

Shares of Ferro-Alloy Resources Limited (LON:FARGet Rating) fell 0.4% on Tuesday . The company traded as low as GBX 9.88 ($0.12) and last traded at GBX 9.90 ($0.12). 95,648 shares were traded during trading, a decline of 76% from the average session volume of 397,980 shares. The stock had previously closed at GBX 9.94 ($0.12).

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Ferro-Alloy Resources in a research report on Friday, April 28th.

Ferro-Alloy Resources Trading Down 0.4 %

The business has a 50 day moving average of GBX 10.02 and a two-hundred day moving average of GBX 11. The company has a debt-to-equity ratio of 15.22, a quick ratio of 0.45 and a current ratio of 1.27. The firm has a market capitalization of £44.52 million, a price-to-earnings ratio of -990.00 and a beta of 1.01.

Insider Transactions at Ferro-Alloy Resources

In other Ferro-Alloy Resources news, insider Nicholas Bridgen bought 6,400,000 shares of Ferro-Alloy Resources stock in a transaction dated Tuesday, May 2nd. The stock was bought at an average cost of GBX 10 ($0.12) per share, with a total value of £640,000 ($796,019.90). Company insiders own 44.92% of the company’s stock.

About Ferro-Alloy Resources

(Get Rating)

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, and carbon deposits. It primarily holds an interest in the Balasausqandiq deposit located in southern Kazakhstan.

Recommended Stories

Receive News & Ratings for Ferro-Alloy Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ferro-Alloy Resources and related companies with MarketBeat.com's FREE daily email newsletter.