Ironveld (LON:IRON) Stock Price Crosses Below 50-Day Moving Average – Time to Sell?

by · The Cerbat Gem

Ironveld Plc (LON:IRON – Get Free Report)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 0.05 ($0.00) and traded as low as GBX 0.04 ($0.00). Ironveld shares last traded at GBX 0.05 ($0.00), with a volume of 14,620,681 shares changing hands.

Ironveld Stock Performance

The company has a quick ratio of 0.29, a current ratio of 0.20 and a debt-to-equity ratio of 0.19. The company has a market capitalization of £1.77 million, a PE ratio of -2.62 and a beta of 0.37. The company has a 50-day moving average price of GBX 0.05 and a two-hundred day moving average price of GBX 0.04.

Ironveld Company Profile

(Get Free Report)

Ironveld is a speciality metals producer based in Southern Africa that seeks to maximise revenues from the metals it produces by its Mining division and processing them at its Rustenburg smelter, operated by its Smelting division, and producing specialist high purity iron powders as well as Vanadium slag and Titanium slag, all critical for the green energy transition.

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