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

Shore Capital restated their house stock rating on shares of Ferro-Alloy Resources (LON:FAR) in a research note released on Thursday, Marketbeat reports.

Ferro-Alloy Resources Trading Up 10.0 %

FAR opened at GBX 7.15 ($0.09) on Thursday. The firm’s 50 day moving average is GBX 3.50 and its 200-day moving average is GBX 5.15. Ferro-Alloy Resources has a 52-week low of GBX 2.30 ($0.03) and a 52-week high of GBX 10 ($0.13). 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 firm has a market capitalization of £34.55 million, a P/E ratio of -650.00 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.