Ironveld (LON:IRON) Stock Passes Below Fifty Day Moving Average of $0.35

Ironveld Plc (LON:IRON – Get Rating)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 0.35 ($0.00) and traded as low as GBX 0.35 ($0.00). Ironveld shares last traded at GBX 0.36 ($0.00), with a volume of 11,765,481 shares changing hands.
Ironveld Stock Down 1.4 %
The company has a debt-to-equity ratio of 0.19, a current ratio of 2.53 and a quick ratio of 0.29. The stock has a market cap of £12.64 million, a price-to-earnings ratio of -2.95 and a beta of 0.25. The firm’s 50-day moving average is GBX 0.35 and its 200 day moving average is GBX 0.31.
About Ironveld
Ironveld Plc, an exploration and development company, engages in mining, exploring, processing, and smelting vanadiferous and titaniferous magnite. The company owns an interest in the iron, vanadium, and titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province, South Africa.
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