Shares of Ferro-Alloy Resources Limited (LON:FAR – Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 4.50 and last traded at GBX 4.50, with a volume of 546497 shares changing hands. The stock had previously closed at GBX 4.65.
Analyst Ratings Changes
FAR has been the subject of a number of recent analyst reports. Shore Capital Group reissued a “house stock” rating on shares of Ferro-Alloy Resources in a report on Thursday, April 30th. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 30 target price on shares of Ferro-Alloy Resources in a research note on Friday, May 1st. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of GBX 30.
Check Out Our Latest Stock Analysis on FAR
Ferro-Alloy Resources Stock Performance
Insider Transactions at Ferro-Alloy Resources
In other Ferro-Alloy Resources news, insider James Turian sold 512,765 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of GBX 535, for a total transaction of £2,743,292.75. Company insiders own 47.07% of the company’s stock.
Ferro-Alloy Resources Company Profile
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. The company was incorporated in 2000 and is based in Saint Peter Port, the United Kingdom.
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