Ferro-Alloy Resources (LON:FAR) Receives House Stock Rating from Shore Capital

Shore Capital reiterated their house stock rating on shares of Ferro-Alloy Resources (LON:FAR) in a research report sent to investors on Thursday morning, Marketbeat.com reports.

Ferro-Alloy Resources Stock Up 3.1 %

Shares of LON:FAR opened at GBX 6.70 ($0.08) on Thursday. The company has a market cap of £32.38 million, a price-to-earnings ratio of -670.00 and a beta of 0.79. The firm’s 50-day simple moving average is GBX 3.51 and its 200-day simple moving average is GBX 5.16. The company has a quick ratio of 0.45, a current ratio of 1.98 and a debt-to-equity ratio of 226.87. 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.