Ironveld (LON:IRON) Shares Down 3.2%

Ironveld PLC (LON:IRON)’s share price traded down 3.2% during trading on Thursday . The stock traded as low as GBX 0.71 ($0.01) and last traded at GBX 0.75 ($0.01), 6,968,447 shares traded hands during mid-day trading. An increase of 1,061% from the average session volume of 600,325 shares. The stock had previously closed at GBX 0.78 ($0.01).

The firm’s 50-day simple moving average is GBX 0.75 and its 200 day simple moving average is GBX 0.74. The stock has a market capitalization of $4.91 million and a P/E ratio of -7.50.

Ironveld (LON:IRON) last issued its quarterly earnings results on Thursday, December 5th. The company reported GBX (0.10) ($0.00) EPS for the quarter, hitting the consensus estimate of GBX (0.10) ($0.00).

About Ironveld (LON:IRON)

Ironveld Plc, an exploration and development company, engages in the mining, exploration, processing, and smelting of vanadiferous and titaniferous magnite. It owns interest in the iron, vanadium, and titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province, South Africa.