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1 Comment
Far Resources Ltd is currently in a long term downtrend where the price is trading 3.3% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Far Resources Ltd's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 27.5% to $-660K since the same quarter in the previous year.
Finally, its free cash flow fell by 639.6% to $-214K since the same quarter in the previous year.
Based on the above factors, Far Resources Ltd gets an overall score of 1/5.
ISIN | None |
---|---|
Exchange | F |
CurrencyCode | EUR |
Sector | Basic Materials |
Industry | Chemicals |
Market Cap | 39M |
---|---|
PE Ratio | None |
Target Price | None |
Beta | 2.28 |
Dividend Yield | None |
Far Resources Ltd., an exploration company, engages in the identification, acquisition, and development of mineral properties in Canada and the United States. It explores for lithium, silver, and gold properties. The company has 100% interests in the Zoro Lithium project that comprise three contiguous areas/claims with a total area of approximately 3,603 hectares located in Snow Lake, Manitoba; and the Winston property that include 149 unpatented lode, the Ivanhoe and Emporio patented, and four unpatented mining claims located in Sierra County, New Mexico. It also holds an option agreement to acquire a 100% interest in the Jean Lake lithium-gold project that covers an area of 1002 hectares located to the north of Winnipeg. Far Resources Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada.
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