Exxaro Resources (OTCMKTS:EXXAF) Stock Price Down 10% – What’s Next?

Exxaro Resources Limited (OTCMKTS:EXXAFGet Free Report)’s stock price was down 10% during trading on Thursday . The company traded as low as $8.55 and last traded at $8.55. Approximately 251 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 1,110 shares. The stock had previously closed at $9.50.

Exxaro Resources Price Performance

The stock has a 50-day simple moving average of $9.34 and a 200 day simple moving average of $9.83.

Exxaro Resources Company Profile

(Get Free Report)

Exxaro Resources Limited engages in coal, iron ore investment, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Australia, and Asia. The company produces thermal coal, metallurgical coal, and semi-soft coking coal products primarily in the Waterberg and Mpumalanga regions; offers gas-atomised ferrosilicon for use in separation plants, as well as iron ore; and operates two wind farms.

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