Previous close | 75.15 |
Open | 75.00 |
Bid | 76.00 x 0 |
Ask | 76.75 x 0 |
Day's range | 75.00 - 76.80 |
52-week range | 72.00 - 175.31 |
Volume | |
Avg. volume | 1,024,174 |
Market cap | 469.319M |
Beta (5Y monthly) | 1.42 |
PE ratio (TTM) | 3.49 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 16 Jun 2022 |
1y target est | N/A |
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The group said Board Chair Lucio Genovese will act as executive chair on an interim basis and assume leadership of the company from July 1. The change comes as Ferrexpo has had to scale down production in Ukraine since its conflict with Russia led to severe logistical constraints and damages to Ukraine's electrical infrastructure.
The group, which has all its operations in Ukraine, said it produced 900,000 tonnes of iron ore pellets in the first quarter, compared with 420,000 tonnes in the fourth quarter last year. Ferrexpo's operations have been impacted by the Russian invasion and the ensuing conflict as severe logistical constraints and damages to Ukraine's electrical infrastructure have forced the miner to scale down production. The group's mining activities began slumping in the second quarter last year due to the constraints and as European customers — particularly steelmakers that use iron ore pellets to produce steel — cut purchases.