Ironveld (LON:IRON) Trading Down 11.8% – Time to Sell?

Shares of Ironveld Plc (LON:IRONGet Free Report) fell 11.8% on Tuesday . The stock traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). 28,466,844 shares were traded during mid-day trading, a decline of 60% from the average session volume of 71,413,367 shares. The stock had previously closed at GBX 0.05 ($0.00).

Ironveld Stock Down 11.8%

The company has a 50 day moving average price of GBX 0.04 and a two-hundred day moving average price of GBX 0.04. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.20 and a quick ratio of 0.29. The stock has a market cap of £7.12 million, a PE ratio of -1.13 and a beta of 0.37.

About Ironveld

(Get Free Report)

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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