Ironveld (LON:IRON) Posts Quarterly Earnings Results

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

Ironveld Stock Performance

Shares of LON:IRON opened at GBX 0.04 ($0.00) on Thursday. The company has a current ratio of 0.20, a quick ratio of 0.29 and a debt-to-equity ratio of 0.19. The company has a market capitalization of £1.62 million, a PE ratio of -2.62 and a beta of 0.37. Ironveld has a 12-month low of GBX 0 ($0.00) and a 12-month high of GBX 0.11 ($0.00). The business’s fifty day simple moving average is GBX 0.04 and its 200-day simple 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.