Ironveld (LON:IRON) Sets New 52-Week Low – Here’s What Happened

Shares of Ironveld Plc (LON:IRON – Get Free Report) hit a new 52-week low during trading on Thursday. The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 3,020,789 shares traded. The stock had previously closed at GBX 0.02.

Ironveld Price Performance

The company has a market cap of £4.14 million, a price-to-earnings ratio of -5.00 and a beta of 0.82. The company has a fifty day moving average price of GBX 0.02 and a two-hundred day moving average price of GBX 0.02. The company has a current ratio of 0.09, a quick ratio of 0.29 and a debt-to-equity ratio of 0.13.

About Ironveld

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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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