Ferro-Alloy Resources’ (FAR) “House Stock” Rating Reiterated at Shore Capital

Ferro-Alloy Resources (LON:FAR)‘s stock had its “house stock” rating reaffirmed by research analysts at Shore Capital in a research note issued on Monday, MarketBeat Ratings reports.

Ferro-Alloy Resources Price Performance

Shares of LON:FAR opened at GBX 5.50 ($0.07) on Monday. The business’s 50 day simple moving average is GBX 3.49 and its 200-day simple moving average is GBX 5.15. The firm has a market capitalization of £26.58 million, a price-to-earnings ratio of -550.00 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 ($0.03) and a 12 month high of GBX 10 ($0.13).

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.