Over the past two years, shares in Ferrexpo (LSE: FXPO) have been on a wild ride. After peaking at a high of just under 500p during 2011, shares in the Ukrainian iron ore miner collapsed to a low of 16p at the end of 2015. But then, in what has to be one of the most breathtaking turnarounds ever seen, the shares rallied by around 900% from the 2015 low to a high of 160p. This is still around 70% below the all-time high but the company?s fortunes have significantly improved over the past 12 months.
Even after these gains,
Over the past two years, shares in Ferrexpo (LSE: FXPO) have been on a wild ride. After peaking at a high of just under 500p during 2011, shares in the Ukrainian iron ore miner collapsed to a low of 16p at the end…
Read the full article at: http://www.fool.co.uk/investing/2017/04/12/after-rising-900-in-a-year-this-growth-stock-could-have-further-to-run/
