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Ferrexpo reports Q3 iron-ore pellett production +5.9%

• The chart shows Ferrexpo share price movements since February.
• The current share price is 219.25p (at time of writing).
• Shares -33.4% from 2018 highs; +55.1% from 2018 lows; -25.24% year-to-date
• Ferrexpo today reported Q3 iron-ore pellett production +5.9% vs Q2
• Nine-month production +1.3% vs last year
• Production boosted by successful Q2 refurbishment
• 9 Aug: Ferrexpo increases and extends pre-export credit loan to $400m for 4 years (from $195m for 3 years), smoothing its debt-maturity profile

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Trading Ferrexpo – An Example

Let’s say you think that Ferrexpo is likely to rise as a result of this news. You decide to buy exposure to £10,000 worth of Ferrexpo using a CFD, at the current price of 219p. To do this, you need £2,000.

For the purpose of this example, let’s assume the Ferrexpo share price rises by 5% following the news. Your profit would be £500, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. Ferrexpo shares fall back 3% and hits your stop-loss. Your loss would be £300

This is provided for information purposes only. It should not be taken as a recommendation.