Ferro-Alloy Resources (LON:FAR) Given House Stock Rating at Shore Capital

Ferro-Alloy Resources (LON:FAR)‘s stock had its “house stock” rating reiterated by investment analysts at Shore Capital in a report issued on Tuesday,London Stock Exchange reports.

Ferro-Alloy Resources Trading Up 38.2%

Shares of LON:FAR traded up GBX 2.10 on Tuesday, hitting GBX 7.60. 14,325,424 shares of the company’s stock were exchanged, compared to its average volume of 933,163. The stock has a market capitalization of £38.78 million, a price-to-earnings ratio of -4.04 and a beta of 0.79. The company has a debt-to-equity ratio of 226.87, a current ratio of 1.98 and a quick ratio of 0.45. Ferro-Alloy Resources has a 12 month low of GBX 2.30 and a 12 month high of GBX 15. The business’s 50 day simple moving average is GBX 7.94 and its two-hundred day simple moving average is GBX 7.82.

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.