James Turian Sells 512,765 Shares of Ferro-Alloy Resources (LON:FAR) Stock

Key Points

  • James Turian sold 512,765 shares on May 5 at an average price of GBX 535, receiving £2,743,292.75.
  • Shares were trading down 7.4%; the company has a market cap of £29.39 million, a negative P/E of -2.66, and a 12‑month range of GBX 4.80–15.
  • Analysts carry a consensus "Buy" rating with a consensus price target of GBX 30 (Panmure Gordon reiterated a GBX 30 target).

Ferro-Alloy Resources Limited (LON:FAR - Get Free Report) insider James Turian sold 512,765 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of GBX 535, for a total value of £2,743,292.75.

Ferro-Alloy Resources Trading Down 7.4%

Shares of Ferro-Alloy Resources stock opened at GBX 5 on Thursday. The firm has a market cap of £29.39 million, a price-to-earnings ratio of -2.66 and a beta of 0.87. The business has a 50-day moving average price of GBX 6.43 and a 200-day moving average price of GBX 6.74. The company has a quick ratio of 0.45, a current ratio of 1.17 and a debt-to-equity ratio of -535.44. Ferro-Alloy Resources Limited has a twelve month low of GBX 4.80 and a twelve month high of GBX 15.

Analyst Ratings Changes

A number of research analysts have recently weighed in on FAR shares. Shore Capital Group restated a "house stock" rating on shares of Ferro-Alloy Resources in a research report on Thursday, April 30th. Panmure Gordon restated a "buy" rating and set a GBX 30 price objective on shares of Ferro-Alloy Resources in a research report on Friday, May 1st. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of GBX 30.

Get Our Latest Stock Report on FAR

About Ferro-Alloy Resources

(Get Free Report)

Ferro-Alloy Resources Limited engages in mining, processing, and selling vanadium and related by-products in the Republic of Kazakhstan. The company explores for uranium, molybdenum, aluminum, rare earth metals, potassium, nickel, and carbon deposits. It primarily holds an interest in the Balasausqandiq vanadium/polymetallic mineral deposit located in southern Kazakhstan. The company was incorporated in 2000 and is based in Saint Peter Port, the United Kingdom.

Further Reading

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Ferro-Alloy Resources?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Ferro-Alloy Resources and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles