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Ferrexpo plc
Video analysis: FEEXF
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News: FEEXF
Ferrexpo (OTCMKTS:FEEXF) Trading Down 9.3% – Here’s What Happened
Shares of Ferrexpo plc (OTCMKTS:FEEXF - Get Free Report) were down 9.3% during trading on Tuesday. The company traded as low as $0.39 and last traded at $0.39. Approximately 2,857 shares were traded during trading, a decline of 80% from the average daily volume of 14,550 shares. The stock had previously closed at $0.43.
Ferrexpo shares climb as top shareholder extends $15m credit line
Ferrexpo PLC (LSE:FXPO) secured a $15 million unsecured loan facility from its largest shareholder, Fevamotinico, to provide immediate liquidity ahead of a proposed $100 million equity raise. The iron ore producer's shares were up 6% at 30.98p on Tuesday, compared with a previous close of 29.20p.
Ferrexpo shares jump 29% as production restarts at Ukrainian operations
Ferrexpo PLC (LSE:FXPO) shares surged 29% to 36.88p in early London trading on Monday after the iron ore producer restarted production at its operations in Ukraine. The shares were up 8.3p from Friday's closing price of 28.58p, after the company said production had resumed using one pellet line.
