Ferro-Alloy Resources (LON:FAR) Hits New 12-Month High – Time to Buy?

Ferro-Alloy Resources Limited (LON:FARGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 11 ($0.14) and last traded at GBX 10.40 ($0.13), with a volume of 10961713 shares trading hands. The stock had previously closed at GBX 7.30 ($0.09).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Ferro-Alloy Resources in a research note on Monday, December 2nd.

View Our Latest Report on Ferro-Alloy Resources

Ferro-Alloy Resources Stock Performance

The company has a market capitalization of £44.94 million, a price-to-earnings ratio of -920.00 and a beta of 0.79. The stock’s 50 day moving average price is GBX 3.92 and its 200 day moving average price is GBX 5.21. The company has a current ratio of 1.98, a quick ratio of 0.45 and a debt-to-equity ratio of 226.87.

About Ferro-Alloy Resources

(Get Free Report)

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.

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