Ironveld (LON:IRON) Releases Earnings Results

Ironveld (LON:IRON) issued its quarterly earnings results on Tuesday. The company reported GBX (0.01) ($0.00) earnings per share for the quarter, reports. Ironveld had a negative return on equity of 2.37% and a negative net margin of 422.33%.

Ironveld Stock Performance

Ironveld stock traded down GBX 0 ($0.00) during trading hours on Thursday, reaching GBX 0.04 ($0.00). 19,948,939 shares of the stock were exchanged, compared to its average volume of 77,447,195. Ironveld has a 52-week low of GBX 0 ($0.00) and a 52-week high of GBX 0.11 ($0.00). The stock has a market cap of £1.58 million, a P/E ratio of -2.62 and a beta of 0.37. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.29 and a current ratio of 0.20. The firm’s 50 day moving average is GBX 0.04 and its 200 day moving average is GBX 0.04.

About Ironveld

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.