Kumba Iron Ore Limited (OTCMKTS:KIROY – Get Free Report) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $6.31 and traded as low as $5.75. Kumba Iron Ore shares last traded at $5.75, with a volume of 3,057 shares changing hands.
Kumba Iron Ore Stock Performance
The firm has a 50-day moving average price of $6.31 and a two-hundred day moving average price of $6.88.
About Kumba Iron Ore
Kumba Iron Ore Limited, together with its subsidiaries, engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry primarily in South Africa, China, rest of Asia, Europe, the Middle East, and North Africa. It produces iron ore at Sishen and Kolomela mines in the Northern Cape Province.
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