Shore Capital Reaffirms House Stock Rating for Ferro-Alloy Resources (LON:FAR)

Ferro-Alloy Resources (LON:FAR)‘s stock had its “house stock” rating reissued by Shore Capital in a research note issued on Monday, MarketBeat reports.

Ferro-Alloy Resources Price Performance

Shares of FAR stock traded up GBX 0.80 ($0.01) during trading hours on Monday, reaching GBX 5.90 ($0.07). The company’s stock had a trading volume of 3,421,153 shares, compared to its average volume of 788,577. Ferro-Alloy Resources has a fifty-two week low of GBX 2.30 ($0.03) and a fifty-two week high of GBX 10 ($0.13). The firm’s 50 day simple moving average is GBX 3.50 and its 200-day simple moving average is GBX 5.16. The company has a quick ratio of 0.45, a current ratio of 1.98 and a debt-to-equity ratio of 226.87. The company has a market capitalization of £28.51 million, a price-to-earnings ratio of -583.20 and a beta of 0.79.

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.