Ferro-Alloy Resources (LON:FAR) Rating Reiterated by Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Ferro-Alloy Resources (LON:FAR) in a research note released on Friday, MarketBeat Ratings reports.

Ferro-Alloy Resources Price Performance

Shares of LON FAR opened at GBX 5.19 ($0.06) on Friday. The company has a quick ratio of 0.45, a current ratio of 1.83 and a debt-to-equity ratio of 7.19. Ferro-Alloy Resources has a 52 week low of GBX 4 ($0.05) and a 52 week high of GBX 13.05 ($0.16). The business’s 50 day moving average price is GBX 4.81 and its 200 day moving average price is GBX 6.68. The firm has a market cap of £25.08 million, a P/E ratio of -495.00 and a beta of 0.90.

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.