Ferro-Alloy Resources (LON:FAR) Sets New 52-Week Low – Should You Sell?

Ferro-Alloy Resources Limited (LON:FAR)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as GBX 2.40 ($0.03) and last traded at GBX 2.50 ($0.03), with a volume of 501714 shares changing hands. The stock had previously closed at GBX 2.55 ($0.03).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Ferro-Alloy Resources in a research note on Thursday, September 26th.

Ferro-Alloy Resources Price Performance

The company has a debt-to-equity ratio of 226.87, a current ratio of 1.98 and a quick ratio of 0.45. The stock has a market cap of £12.32 million, a price-to-earnings ratio of -255.00 and a beta of 0.79. The business has a fifty day moving average of GBX 3.93 and a 200 day moving average of GBX 5.25.

Ferro-Alloy Resources Company Profile

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.