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Ferro-Alloy Resources Ltd. ( (GB:FAR) ) just unveiled an update.
Ferro-Alloy Resources has raised £1.57 million through the issue of 28.6 million new ordinary shares at 5.5p, a 21.4% discount to its prior closing price, to fund front-end engineering and design work for the Balasausqandiq vanadium project in Kazakhstan. Strategic shareholder Vision Blue Resources participated as a related party, increasing its stake to 22.5% of the enlarged share capital, while the new shares are set to begin trading in London on 13 March 2026, expanding the company’s funding base and share count to 587.8 million shares.
The most recent analyst rating on (GB:FAR) stock is a Hold with a £6.50 price target. To see the full list of analyst forecasts on Ferro-Alloy Resources Ltd. stock, see the GB:FAR Stock Forecast page.
Spark’s Take on GB:FAR Stock
According to Spark, TipRanks’ AI Analyst, GB:FAR is a Neutral.
The score is held down primarily by very weak financial performance (losses, negative cash flow, and negative equity). Technicals provide some support via strong momentum above key moving averages, but overbought indicators increase near-term risk. Valuation offers limited support because the company is currently loss-making and no dividend yield is available.
To see Spark’s full report on GB:FAR stock, click here.
More about Ferro-Alloy Resources Ltd.
Ferro-Alloy Resources Limited is a vanadium producer focused on developing the large Balasausqandiq deposit in southern Kazakhstan, where vanadium is the principal product alongside a carbon black substitute and several by-products. The company operates a concentrate processing plant and R&D facility on site, leveraging low capital and operating costs to target competitive production in the global vanadium and carbon materials markets.
Average Trading Volume: 2,298,308
Technical Sentiment Signal: Sell
Current Market Cap: £39.14M
For detailed information about FAR stock, go to TipRanks’ Stock Analysis page.