Ferro-Alloy Resources (LON:FAR) Given “House Stock” Rating at Shore Capital

Ferro-Alloy Resources (LON:FAR)‘s stock had its “house stock” rating reaffirmed by equities researchers at Shore Capital in a report released on Monday, Marketbeat Ratings reports.

Ferro-Alloy Resources Trading Up 15.7 %

Shares of FAR stock traded up GBX 0.80 ($0.01) during trading hours on Monday, hitting GBX 5.90 ($0.07). 3,421,153 shares of the company were exchanged, compared to its average volume of 788,577. The company has a 50 day simple moving average of GBX 3.50 and a two-hundred day simple moving average of GBX 5.16. The firm has a market cap of £28.51 million, a P/E ratio of -583.20 and a beta of 0.79. The company has a debt-to-equity ratio of 226.87, a quick ratio of 0.45 and a current ratio of 1.98. Ferro-Alloy Resources has a fifty-two week low of GBX 2.30 ($0.03) and a fifty-two week 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.