Ferro-Alloy Resources (LON:FAR) Rating Reiterated by Shore Capital

Ferro-Alloy Resources (LON:FAR)‘s stock had its “house stock” rating reissued by equities research analysts at Shore Capital in a research note issued on Friday, Marketbeat.com reports.

Ferro-Alloy Resources Price Performance

FAR stock opened at GBX 4.95 ($0.06) on Friday. Ferro-Alloy Resources has a fifty-two week low of GBX 4 ($0.05) and a fifty-two week high of GBX 13.05 ($0.16). The company has a market capitalization of £23.92 million, a price-to-earnings ratio of -495.00 and a beta of 0.90. The business’s 50 day moving average price is GBX 4.81 and its two-hundred day moving average price is GBX 6.69. The company has a debt-to-equity ratio of 7.19, a quick ratio of 0.45 and a current ratio of 1.83.

About Ferro-Alloy Resources

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.