Ironveld (LON:IRON) Hits New 1-Year Low – Time to Sell?

Shares of Ironveld Plc (LON:IRONGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 96039344 shares trading hands. The stock had previously closed at GBX 0.02.

Ironveld Price Performance

The firm has a 50 day moving average price of GBX 0.02 and a 200 day moving average price of GBX 0.03. The stock has a market capitalization of £4.14 million, a PE ratio of -5.00 and a beta of 0.37. The company has a current ratio of 0.03, a quick ratio of 0.29 and a debt-to-equity ratio of 3.07.

Ironveld Company Profile

(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.

Further Reading

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