Shares of Ferro-Alloy Resources Limited (LON:FAR – Get Free Report) dropped 0.2% during mid-day trading on Tuesday . The company traded as low as GBX 7.98 ($0.10) and last traded at GBX 7.98 ($0.10). Approximately 104,385 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 969,613 shares. The stock had previously closed at GBX 8 ($0.10).
Wall Street Analyst Weigh In
Separately, Shore Capital reaffirmed a “house stock” rating on shares of Ferro-Alloy Resources in a research note on Monday, December 2nd.
Check Out Our Latest Research Report on Ferro-Alloy Resources
Ferro-Alloy Resources Trading Down 4.3 %
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.
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