Ironveld (LON:IRON) Shares Up 13.5% – Here’s What Happened

Ironveld Plc (LON:IRONGet Free Report)’s stock price traded up 13.5% during mid-day trading on Friday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 45,393,793 shares were traded during mid-day trading, a decline of 32% from the average session volume of 66,352,328 shares. The stock had previously closed at GBX 0.04 ($0.00).

Ironveld Stock Performance

The stock has a market cap of £6.49 million, a price-to-earnings ratio of -102.50 and a beta of 0.37. The company’s fifty day simple moving average is GBX 0.05 and its two-hundred day simple moving average is GBX 0.04. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.20 and a quick ratio of 0.29.

About Ironveld

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Ironveld is a speciality metals producer based in Southern Africa that seeks to maximise revenues from the metals it produces by its Mining division and processing them at its Rustenburg smelter, operated by its Smelting division, and producing specialist high purity iron powders as well as Vanadium slag and Titanium slag, all critical for the green energy transition.

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