Ironveld (LON:IRON) Reaches New 1-Year Low – What’s Next?

Ironveld Plc (LON:IRON – Get Free Report) reached a new 52-week low on Wednesday. The stock traded as low as GBX 0.01 and last traded at GBX 0.01, with a volume of 2,126,041,000 shares trading hands. The stock had previously closed at GBX 0.02.

Ironveld Price Performance

The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.29 and a current ratio of 0.09. The company has a market capitalization of £2.07 million, a price-to-earnings ratio of -2.50 and a beta of 0.84. The company has a fifty day simple moving average of GBX 0.02 and a two-hundred day simple moving average of GBX 0.03.

About Ironveld

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Ironveld is a speciality metals producer based in Southern Africa that seeks to maximise revenues from the metals it produces by its Mining division and processing them at its Rustenburg smelter, operated by its Smelting division, and producing specialist high purity iron powders as well as Vanadium slag and Titanium slag, all critical for the green energy transition.

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