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FEEXY - Ferrexpo Continues To Operate Despite Ukraine Exposures
June, 11 2022 08:00 AM
Ferrexpo Plc ADR
Ferrexpo operates entirely in Ukraine, mining iron ore and producing pellets. Its facilities are located far enough away from the front line where we're not too worried. Volumes are relatively safe and imports from Ukraine are getting special status in the US and Europe. Chinese economic stimulus and continuing supply issues mean steel pellet prices should have an extended cycle. With multiples being very low despite the Ukrainian presence, Ferrexpo is not uninteresting. For further details see:
Ferrexpo Continues To Operate Despite Ukraine Exposures
Stock Information
Company Name:
Ferrexpo Plc ADR
Stock Symbol:
FEEXY
Market:
OTC
Website:
ferrexpo.com
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