Ferro-Alloy Resources (LON:FAR) Shares Down 1.5% – Time to Sell?

Shares of Ferro-Alloy Resources Limited (LON:FAR) dropped 1.5% on Monday . The company traded as low as GBX 6.31 and last traded at GBX 6.40. Approximately 1,553,903 shares traded hands during trading, a decline of 38% from the average daily volume of 2,505,763 shares. The stock had previously closed at GBX 6.50.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reissued a “house stock” rating on shares of Ferro-Alloy Resources in a research note on Monday, January 19th.

Ferro-Alloy Resources Stock Down 1.5%

The firm has a market cap of £35.78 million, a PE ratio of -3.40 and a beta of 0.67. The company has a 50-day simple moving average of GBX 7.50 and a 200-day simple moving average of GBX 7.43. The company has a debt-to-equity ratio of -535.44, a current ratio of 1.17 and a quick ratio of 0.45.

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