Market Performance on August 11, 2025
Ferrexpo plc (LON:FXPO) experienced a significant increase in its share price, climbing by approximately 9.8% during midday trading. The stock reached a peak of GBX 60.91 ($0.82) before settling at GBX 58 ($0.78). Trading activity was notably higher than usual, with over 8.4 million shares exchanged—115% above the average volume of around 3.9 million shares.
Company Overview
Ferrexpo, a Swiss-headquartered company with operations in Ukraine, specializes in producing high-grade iron ore pellets. Despite ongoing conflicts in Ukraine, the company maintained robust production, generating 6.1 million tonnes of iron ore pellets in 2022. Its market capitalization stands at approximately £429 million, with a P/E ratio of -7.76 and a beta of 1.26. The company's financials also reveal a debt-to-equity ratio of 0.33, a quick ratio of 2.20, and a current ratio of 2.11.
Business Highlights and Industry Role
Known for supplying the global steel industry for over five decades, Ferrexpo's pellets are valued for their quality and environmental benefits, contributing to reduced carbon emissions and enhanced steelmaking effi...