Ironveld (LON:IRON) Stock Crosses Below 50 Day Moving Average Of $0.50

Ironveld Plc (LON:IRON – Get Rating)’s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 0.50 ($0.01) and traded as low as GBX 0.29 ($0.00). Ironveld shares last traded at GBX 0.31 ($0.00), with a volume of 62,916,856 shares changing hands.

Ironveld Trading Up 3.4 %

The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.29 and a current ratio of 0.29. The company has a 50 day simple moving average of GBX 0.50 and a two-hundred day simple moving average of GBX 0.76. The company has a market cap of £4.62 million and a PE ratio of -3.05.

About Ironveld

Ironveld Plc, an exploration and development company, engages in mining, exploring, processing, and smelting vanadiferous and titaniferous magnite. It owns an interest in the iron, vanadium, and titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province, South Africa. The company was incorporated in 2000 and is based in Caerphilly, the United Kingdom.

www.ferroalloynet.com